Greater Austin Nepali Society

Analysis

Greater Austin Nepali Society is a registered charity in United States, based in Hutto, TX. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Greater Austin Nepali Society reported income of $388k and spending of $76k, leaving 80% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $209k to $388k (+86%), an average of +36% a year. The sharpest change came in the year to December 2022, when income rose by 53%. Over the whole period it spent 68% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Greater Austin Nepali Society sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Bison Booster Club ($388k), Mays Mission for the Handicapped Inc ($388k) and Assistance League of Hawaii ($388k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 9.5% of the total. At year end it held assets of $994k against liabilities of $274k, net assets of $720k.