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Filing year 2024

Grace Korean Church

Silver Spring, Maryland·EIN 20-0615467·NTEE X21 · Religion-Related·501(c)(3)
Total revenue
$235k
Total assets
$72k
Total expenses
$195k
Reported officers
3
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

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Religion-Related organizations in Maryland.

Pastor and President
25th percentile to median
$38k
$40k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 2 unpaid individuals.

Browse compensation in Religion-Related

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at Grace Korean Church equaled 19% of the organization's total expenses. The median for religion-related organizations is 18%.

This organization (2024)
19%
Sector median
18%
Middle half of sector
8% to 34%

Based on 11,129 religion-related organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 17%
from 2023

From $46k in 2023 to $38k in 2024.

$46k
2023
$38k
2024
In today's dollarsEst.
Down 19% in real terms$50k to $40k

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Grace Korean Church

What does the Chief Executive Officer of Grace Korean Church earn?

In 2024, the Chief Executive Officer of Grace Korean Church received $37,900 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Religion-Related organizations in Maryland, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Grace Korean Church compare with similar nonprofits?

Compared with the same role at Religion-Related organizations in Maryland, the 2024 pay of the Chief Executive Officer at Grace Korean Church falls between the 25th percentile and the median. In 2024, the highest total compensation at Grace Korean Church equaled 19% of the organization's total expenses. The median for religion-related organizations is 18%.

What are Grace Korean Church's revenue and expenses?

In 2024, Grace Korean Church reported $235k in total revenue and $195k in total expenses on its IRS Form 990.

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