Nishan Press Inc

Analysis

Nishan Press Inc is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in March 2019, 7 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 December 2023, Nishan Press Inc reported income of $61k and spending of $68k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $61k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 120% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Nishan Press Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include Whitehall Skene Manor Preservation Incorporated ($61k), Rhode Island Association of Facilities for the Aging Education ($61k) and Redwood Rainbows Square Dance Club Inc ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $32k against liabilities of $7,741, net assets of $25k.