Virtues Children Nepal Inc

Analysis

Virtues Children Nepal Inc is a registered charity in United States, based in Santa Clara, CA. It received its IRS tax-exemption ruling in October 2003, 23 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 July 2024, Virtues Children Nepal Inc reported income of $70k and spending of $145k, spending 208% of what it took in. Across the 3 years on record, from July 2022 to July 2024, income fell from $115k to $70k (-39%), an average of -22% a year. The sharpest change came in the year to July 2024, when income dropped by 30%. Over the whole period it spent 131% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Virtues Children Nepal Inc sits at the 25th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within CA. Charities of a similar size with the same main cause include Caminos de Accion ($70k), Haiti Companions Inc ($70k) and Arise Children Outreach International ($70k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 99% of the total. At year end it held assets of $188k against liabilities of $0, net assets of $188k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.