Baltimore Association of Nepalese in America

Analysis

Baltimore Association of Nepalese in America is a registered charity in United States, based in Parkville, MD. It received its IRS tax-exemption ruling in October 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 (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, Baltimore Association of Nepalese in America reported income of $127k and spending of $126k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $99k to $127k (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2021, when income rose by 146%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Baltimore Association of Nepalese in America sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 44th percentile within MD. Charities of a similar size with the same main cause include Pacifica Performances Inc Mildred Owen Concert Hall ($127k), Heritage Hall Inc ($127k) and Me & Korea Inc ($127k).

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 $431k against liabilities of $194k, net assets of $238k. It reported 1 employees.