Nomad Science Mongolia Inc

Analysis

Nomad Science Mongolia Inc is a registered charity in United States, based in Glen, MT. It received its IRS tax-exemption ruling in July 2021, 5 years ago. 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, Nomad Science Mongolia Inc reported income of $176k and spending of $119k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $121k to $176k (+45%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nomad Science Mongolia Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within MT. Charities of a similar size with the same main cause include Youth for Christ USA Inc ($176k), FFLCM Inc ($176k) and Southwestern Maine Activities Association ($176k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.