Nepalese Association of Connecticut Company

Analysis

Nepalese Association of Connecticut Company is a registered charity in United States, based in West Hartford, CT. It received its IRS tax-exemption ruling in June 2010, 16 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nepalese Association of Connecticut Company reported income of $66k and spending of $41k, leaving 38% of income unspent that year. Over the whole period it spent 62% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Nepalese Association of Connecticut Company sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within CT. Charities of a similar size with the same main cause include Boys of Summer Inc ($66k), Corryville Suzuki Project Inc ($66k) and Natural Science Collections Alliance ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 55% of the total. At year end it held assets of $323k against liabilities of $0, net assets of $323k.