Elevate Nepal Inc

Analysis

Elevate Nepal Inc is a registered charity in United States, based in Flagstaff, AZ. It received its IRS tax-exemption ruling in May 2017, 9 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 December 2023, Elevate Nepal Inc reported income of $254k and spending of $264k, spending 104% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $210k to $254k (+21%), an average of +6.6% a year. The sharpest change came in the year to December 2021, when income rose by 20%. Over the whole period it spent 84% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Elevate Nepal Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within AZ. Charities of a similar size with the same main cause include Mission Haiti Inc ($254k), Paraguay Baptist Medical Center Foundation Inc ($255k) and African Widow and Orphan Support ($254k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $51k (19% of expenses). Other salaries and wages came to $5,381. At year end it held assets of $211k against liabilities of $4,153, net assets of $207k. It reported 1 employees.