Friends of Maiti Nepal a Non-Profit Corporation

Analysis

Friends of Maiti Nepal a Non-Profit Corporation is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Maiti Nepal a Non-Profit Corporation reported income of $211k and spending of $354k, spending 168% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $299k to $211k (-30%), an average of -8.4% a year. The sharpest change came in the year to December 2021, when income dropped by 18%. Over the whole period it spent 107% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Friends of Maiti Nepal a Non-Profit Corporation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within MA. Charities of a similar size with the same main cause include Connect Ministries ($211k), Nations Training Institute Inc ($211k) and Briland Modem Relief Fund ($210k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $183k against liabilities of $431, net assets of $183k.