Capital Area Tibetan Association Inc

Analysis

Capital Area Tibetan Association Inc is a registered charity in United States, based in Fairfax, VA. It received its IRS tax-exemption ruling in January 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Capital Area Tibetan Association Inc reported income of $60k and spending of $62k, spending 104% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $74k to $60k (-19%), an average of -5.1% a year. The sharpest change came in the year to June 2023, when income rose by 31%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Capital Area Tibetan Association Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within VA. Charities of a similar size with the same main cause include Bealsville Incorporated ($60k), Pillar of Legacy Inc ($60k) and Romanian Pastors Fund ($60k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $933k against liabilities of $0, net assets of $933k.