United Sherpa Association Inc

Analysis

United Sherpa Association Inc is a registered charity in United States, based in Elmhurst, NY. It received its IRS tax-exemption ruling in November 2005, 21 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, United Sherpa Association Inc reported income of $518k and spending of $476k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $580k to $518k (-11%), an average of -2.8% a year. The sharpest change came in the year to December 2021, when income rose by 126%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, United Sherpa Association Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Institute for Public Accuracy ($518k), Chinese American Association of Minnesota ($518k) and Intercultural Community Center ($518k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 38% of the total. Other salaries and wages came to $91k. At year end it held assets of $2.4m against liabilities of $17k, net assets of $2.4m. It reported 4 employees.