Himalayan Alliance Inc

Analysis

Himalayan Alliance Inc is a registered charity in United States, based in Bloomington, MN. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Himalayan Alliance Inc reported income of $205k and spending of $158k, leaving 23% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $210k to $205k (-2.3%), an average of -1.2% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Himalayan Alliance Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within MN. Charities of a similar size with the same main cause include Soup for the Soul Org Inc ($205k), Polynesian Association of Alaska Inc ($205k) and Tulsas Backyard Initiative Fund ($205k).

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 $126k against liabilities of $0, net assets of $126k.