Nepal America Sociocultural Exchange Society Inc USA

Analysis

Nepal America Sociocultural Exchange Society Inc USA is a registered charity in United States, based in Westminster, CO. It received its IRS tax-exemption ruling in October 2016, 10 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, Nepal America Sociocultural Exchange Society Inc USA reported income of $154k and spending of $274k, spending 177% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $54k to $154k (+187%), an average of +42% a year. The sharpest change came in the year to December 2021, when income rose by 504%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Nepal America Sociocultural Exchange Society Inc USA 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 48th percentile, and in the 44th percentile within CO. Charities of a similar size with the same main cause include Cortland County Historical Society -Inc- ($154k), The Ubc 1871 Foundation ($154k) and Historic Kirkwood Train Station Foundation ($154k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. At year end it held assets of $1.2m against liabilities of $593k, net assets of $630k.