Logo for "KOREAN COMMUNITY SERVICES OF METROPOLITAN NEW YORK INC"

KOREAN COMMUNITY SERVICES OF METROPOLITAN NEW YORK INC

KOREAN COMMUNITY SERVICES OF METROPOLITAN NEW YORK INC

Bayside, NY, US
501(c)3
EIN
23-7348989
Regional Funder
Logo for "KOREAN COMMUNITY SERVICES OF METROPOLITAN NEW YORK INC"

KOREAN COMMUNITY SERVICES OF METROPOLITAN NEW YORK INC

Bayside, NY, US
501(c)3
EIN
23-7348989
Regional Funder

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$11,335,665

Government Grants
62%
Program Services
17%
Contributions
14%
Fundraising Events
5%
Investments
<1%
Other
<1%
Membership Dues
0%
Expenses in 2024

$11,227,911

Salaries & Benefits
63%
Other
16%
Offices, Occupancy & IT
9%
Fees to Service Providers
6%
Depreciation
2%
Grants
2%
Advertising & Promotion
1%
Interest
1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$1,907,994
$1,627,586
-15%
Government Grants
$6,225,478
$7,081,382
+14%
Fundraising Events
$398,096
$566,445
+42%
Program Services
$1,986,590
$1,957,214
-1%
Membership Dues
$0
$0
-
Investments
$155
$79,597
+51253%
Other
$330,630
$23,441
-93%
Total Revenues
$10,848,943
$11,335,665
+4%
Expenses
2023
2024
Change
Grants
$217,237
$180,539
-17%
Benefits to Members
$0
$0
-
Salaries & Benefits
$6,574,211
$7,063,197
+7%
Fees to Service Providers
$617,058
$626,595
+2%
Advertising & Promotion
$113,857
$158,693
+39%
Offices, Occupancy & IT
$1,060,695
$989,814
-7%
Interest
$161,309
$157,625
-2%
Depreciation
$243,747
$247,343
+1%
Other
$1,792,927
$1,804,105
+1%
Total Expenses
$10,781,041
$11,227,911
+4%
Net income
2023
2024
Change
Net income
+$67,902
+$107,754
+59%
Functional Expenses
Summary
2023
2024
Change
Program
$8,553,487
$8,812,773
+3%
Admin
$1,994,912
$2,163,704
+8%
Fundraising
$232,642
$251,434
+8%
Total Expenses
$10,781,041
$11,227,911
+4%
Income Statement
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