Nepali Cultural Center Inc

Analysis

Nepali Cultural Center Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in June 2015, 11 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, Nepali Cultural Center Inc reported income of $871k and spending of $114k, leaving 87% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $19k to $871k (+4379%), an average of +4379% a year. The sharpest change came in the year to December 2023, when income rose by 4379%. Over the whole period it spent 13% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Nepali Cultural Center Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 81st percentile within GA. Charities of a similar size with the same main cause include Portrait Society of America Inc ($870k), Ballet Concierto de Puerto Rico Inc ($871k) and Charlottesville Symphony Society ($870k).

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 $844k against liabilities of $0, net assets of $844k.