Niwap Inc

Analysis

Niwap Inc is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in August 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, Niwap Inc reported income of $55k and spending of $59k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $49k to $55k (+13%), an average of +13% a year. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Niwap Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within MD. Charities of a similar size with the same main cause include Cherokee County Food Bank Inc ($55k), Charity Across South Lake Inc ($55k) and Feeding Pascos Elderly Inc ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. At year end it held assets of $39k against liabilities of $47, net assets of $39k.