Friends Of Patan Hospital Usa Inc

Organization Overview

Friends Of Patan Hospital Usa Inc is located in Denver, CO. The organization was established in 2002. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Patan Hospital USA Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Friends Of Patan Hospital USA Inc generated $108.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $93.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (11.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

FRIENDS OF PATAN HOSPITAL (USA), INC.S MISSION IS TO IMPROVE HEALTH CARE IN NEPAL WITH PARTICULAR EMPHASIS ON SUPPORTING PATAN HOSPITAL AND ITS EDUCATIONAL PROGRAMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FRIENDS OF PATAN HOSPITAL(USA), INC. SENT $50,000 TO THE PATAN HOSPITAL CHARITY FUND TO AID PATIENTS WHO ARE UNABLE TO PAY.


FRIENDS OF PATAN HOSPITAL (USA), INC. SENT $20,000 TO RUKUM HOSPITAL IN NEPAL FOR FINANCIAL SUPPORT.


FRIENDS OF PATAN HOSPITAL (USA), INC. SENT $10,000 TO PATAN HOSPITAL FOR THEIR COVID LAB.


FRIENDS OF PATAN HOSPITAL (USA), INC. SENT $8,600 TO OKHALDHUNGA AND TANSEN HOSPITALS TO SUPPORT OPERATING EXPENSES.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$109,296
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$109,296
Total Program Service Revenue$0
Investment income $3,032
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$4,059
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $108,269

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Friends Of Patan Hospital Usa Inc has recieved totaling $5,000.

Awarding OrganizationAmount
Nick Simons Foundation

New York, NY

PURPOSE: TO SUPPORT CHARITABLE ACTIVITIES OF PATAN HOSPITAL

$5,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$740,198
Earnings-$107,312
Other Expense$26,000
Ending Balance$606,886

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