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Tibetan Nuns Project

RegisteredEIN 68-0327175Seattle, WAOverseas aid and international
Income$1.4m2024-03
Spending$1.5msame year
Spent / received66%5-year average
Size in its cause84th pctOverseas aid and international
Exempt since1995Publicly supported organisat
Employees4latest return

Analysis

Tibetan Nuns Project is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in August 1995, 31 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 March 2024, Tibetan Nuns Project reported income of $1.4m and spending of $1.5m, spending 106% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income fell from $1.5m to $1.4m (-7.4%), an average of -1.9% a year. The sharpest change came in the year to March 2024, when income dropped by 43%. Over the whole period it spent 66% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Tibetan Nuns Project 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 83rd percentile, and in the 83rd percentile within WA. Charities of a similar size with the same main cause include Lumos Foundation USA Inc ($1.4m), Global Partners in Hope ($1.4m) and Shine in the World Ministries ($1.4m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $131k (9.0% of expenses). Other salaries and wages came to $110k. At year end it held assets of $3.9m against liabilities of $11k, net assets of $3.9m. It reported 4 employees.

Income and spending

$0$606k$1.2m$1.8m$2.4m2020 Income: $1,490,8342020 Spending: $1,136,96420202021 Income: $1,777,3992021 Spending: $1,111,70520212022 Income: $1,755,2832022 Spending: $958,33520222023 Income: $2,424,9852023 Spending: $1,144,45820232024 Income: $1,380,7872024 Spending: $1,468,2952024
IncomeSpending

Where the income comes from

  • Contributions & grants 85%
  • Other 15%

Similar-sized charities, same cause

CharityLocationIncome
Lumos Foundation USA IncNew York$1.4m
Global Partners in HopeOmaha$1.4m
Shine in the World MinistriesGolden Valley$1.4m
Junior Achievement of Greater Fairfield County IncShelton$1.4m