Hearts for Nepal

Analysis

Hearts for Nepal is a registered charity in United States, based in Puyallup, WA. It received its IRS tax-exemption ruling in March 2022, 4 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, Hearts for Nepal reported income of $70k and spending of $65k, spending 93% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $13k to $70k (+459%), an average of +136% a year. The sharpest change came in the year to December 2022, when income rose by 843%. Over the whole period it spent 77% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Hearts for Nepal sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 22nd percentile within WA. Charities of a similar size with the same main cause include June 4th Massacre Memorial Association Inc ($70k), Adopta Una Familia Inc ($70k) and Grace Missions ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $19k against liabilities of $0, net assets of $19k.