NonprofitsGrace Korean Church

Religion-Related

Grace Korean Church

GLENMONT, MD

Total revenue

$235K

Total expenses

$195K

Net assets

$72K

Grants received

EIN

200615467

Tax year

2024

Mission

The Primary exempt purpose is to amour its members with the gospel of re-birth, fullness of the Holy Spirit Healing, Blessing and returning of Jesus so that they glorigy God through Worship and Service

Programs

2 programs

Missiomary Support: GKC has actively supported both local and international missionary efforts, contributing financial resources and volunteer hours to spread the Gospel and assist communities in need. Over the past years GKC has sponsored five missionary families, enabling them to serve in various regions around the world.

Expenses: $9K

Benevolence and Support Programs: GKC has established a support network for members going through challenges such as grief, addiction, or mental health struggles. Through support groups, counseling sessions, and referrals to professional resources, we have assisted over 25 individuals in finding hope and healing during difficult times.

Expenses: $842

Financials

FY 2024

Revenue

Contributions & grants$235K
Program service revenue
Investment income
Other revenue
Total revenue$235K

Expenses

Grants paid
Salaries & benefits$41K
Fundraising
Other expenses$154K
Total expenses$195K
Total assets$72K
Net assets$72K

People

3 listed

NameRoleCompensation

Tak Hyun Cho

Pastor and President

Board

$38K

40 hrs/wk

Grace E Song

Chair of Trustees

Board

1 hrs/wk

Seung Kim

Financial Officer

Board

1 hrs/wk

Details

EIN200615467
NTEE codeX21
Subsection03
Ruling date2005-02
Formed2005
Employees1
Volunteers5
GRACE KOREAN CHURCH — Mission, Financials & Grants Received | Grantivo