Nape Expo Charities Fund

Analysis

Nape Expo Charities Fund is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Nape Expo Charities Fund reported income of $1.4m and spending of $635k, leaving 54% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $518k to $1.4m (+164%), an average of +38% a year. The sharpest change came in the year to June 2022, when income rose by 323%. Over the whole period it spent 76% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Nape Expo Charities Fund 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 82nd percentile, and in the 86th percentile within TX. Charities of a similar size with the same main cause include Bridges Community Resource Network Inc ($1.4m), United Way of Lincoln and Lancaster County Foundation ($1.4m) and Federation Housing Foundation Inc ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 103% of the total. At year end it held assets of $2.0m against liabilities of $1,118, net assets of $2.0m.