Nevada Falun Dafa Association

Analysis

Nevada Falun Dafa Association is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in March 2013, 13 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 May 2024, Nevada Falun Dafa Association reported income of $754k and spending of $800k, spending 106% of what it took in. Across the 4 years on record, from May 2020 to May 2024, income fell from $875k to $754k (-14%), an average of -4.9% a year. The sharpest change came in the year to May 2022, when income rose by 58%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Nevada Falun Dafa Association sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within NV. Charities of a similar size with the same main cause include Montgomery Symphony Association ($754k), Polish Heritage Alliance Inc ($754k) and Foundation for Korean Language & Culture in the USA ($753k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 1.3% and program service revenue 99% of the total. At year end it held assets of $332k against liabilities of $1,831, net assets of $330k.