Nepalese Association of Houston

Analysis

Nepalese Association of Houston is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in February 2003, 23 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, Nepalese Association of Houston reported income of $119k and spending of $109k, spending 91% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $58k to $119k (+106%), an average of +27% a year. The sharpest change came in the year to December 2021, when income rose by 150%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Nepalese Association of Houston sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 44th percentile within TX. Charities of a similar size with the same main cause include Knowlton Fine Arts ($119k), Le Mars Arts Council Inc ($119k) and Indian River Literary Society Inc ($119k).

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 $483k against liabilities of $54k, net assets of $430k.