Nepal Spine Foundation

Analysis

Nepal Spine Foundation is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Nepal Spine Foundation reported income of $109k and spending of $18k, leaving 84% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $68k to $109k (+60%), an average of +60% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 21% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Nepal Spine Foundation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 35th percentile within WA. Charities of a similar size with the same main cause include Mountain Park Rescue Squad Inc ($109k), Global Prostate Cancer Research Foundation Inc ($109k) and Equine Assisted Therapy Alaska ($109k).

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 $141k against liabilities of $5,639, net assets of $135k.