Public Charity

INSTITUTE OF ASIAN CULTURE & DEVELOPMENT

INSTITUTE OF ASIAN CULTURE & DEVELOPMENT is a Public Charity headquartered in VALENCIA, CA. Financial data from the 2024 filing: $4.6M revenue, $2.6M expenses, $2.0M total assets. 29 publicly reported grants to this organization, totaling roughly $3.5M, appear in IRS filings.

EIN: 954612128 VALENCIA, CA Christianity NTEE: X20 Latest filing: 2024
Total Revenue$4.6M
Total Expenses$2.6M
Total Assets$2.0M
Grant Records29
Funding Total$3.5M
Filing Years2019–2024

Mission

CHRISTIAN MISSIONARY SUPPPORT SUPPORT CHRISTIAN MISSIONARIES SERVE IN UNDER DEVELOPED ASIAN COUNTIRES IN FINANCIALLY AND SPIRITUALLY.

Where $100 goes at Institute of Asian Culture & Development

How Institute of Asian Culture & Development divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$99 Programs the work itself
$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $99 for programs

$63
Missionary support
64% of program spending
$21
Member conference
21% of program spending
$15
Education program
15% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

CFO Gyu Cho
PRESIDENT Mi Lee
SECRETARY Yeo Kim

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$2,968,633 13 grants
Arts & Culture
$303,300 4 grants
Religion & Spirituality
$54,300 4 grants
Economic Development
$30,000 1 grant
Unspecified
$158,500 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $4.6M $2.6M $2.0M
2023 $2.8M $3.0M $661K
2022 $3.2M $3.2M $913K
2020 $3.4M $3.4M $923K
2019 $3.2M $3.1M $930K

Between 2019 and 2024, reported annual revenue grew from $3.2M to $4.6M (+44%), with total assets most recently reported at $2.0M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for INSTITUTE OF ASIAN CULTURE & DEVELOPMENT

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