Nepali American Community Center

Analysis

Nepali American Community Center is a registered charity in United States, based in Fairfax, VA. It received its IRS tax-exemption ruling in April 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nepali American Community Center reported income of $239k and spending of $50k, leaving 79% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $239k (-81%), an average of -34% a year. The sharpest change came in the year to December 2021, when income dropped by 50%. Over the whole period it spent 11% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Nepali American Community Center sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within VA. Charities of a similar size with the same main cause include Lake Shore Railway Association Inc ($239k), North Fork Community Theatre Inc ($239k) and Green River Valley Museum Inc ($239k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 4.0% of the total. At year end it held assets of $3.1m against liabilities of $464k, net assets of $2.6m.