National Federation of Filipino American Association Nevada

Analysis

National Federation of Filipino American Association Nevada is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, National Federation of Filipino American Association Nevada reported income of $92k and spending of $97k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $114k to $92k (-19%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, National Federation of Filipino American Association Nevada sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 38th percentile within NV. Charities of a similar size with the same main cause include Peninsula Biblical Counseling Ministries ($92k), Alternatives Homes 2005 Inc ($92k) and Maria & Josephs Ministry to the Poor ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.6% and program service revenue 95% of the total. At year end it held assets of $19k against liabilities of $0, net assets of $19k.