Indian Institute of Science Alumi Association of North America

Analysis

Indian Institute of Science Alumi Association of North America is a registered charity in United States, based in Mountain View, CA. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Indian Institute of Science Alumi Association of North America reported income of $92k and spending of $89k, spending 97% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $253k to $92k (-64%), an average of -29% a year. The sharpest change came in the year to December 2023, when income rose by 141%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Indian Institute of Science Alumi Association of North America sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include NW Austin Rotary Club Foundation ($92k), Sherando High School Warrior Club Inc ($92k) and Rho Sigma Lambda ($92k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. At year end it held assets of $262k against liabilities of $147k, net assets of $116k.