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India House Inc

RegisteredEIN 05-0577825Houston, TXPoverty relief
Income$816k2023-12
Spending$648ksame year
Spent / received84%5-year average
Size in its cause72nd pctPoverty relief
Exempt since2003Publicly supported organisat
Employees4latest return

Analysis

India House Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 2003, 23 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, India House Inc reported income of $816k and spending of $648k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $754k to $816k (+8.2%), an average of +2.0% a year. The sharpest change came in the year to December 2022, when income rose by 46%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, India House Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Farmers Market Federation of New York ($816k), The Arc of District of Columbia Inc ($816k) and Touch a Heart Inc ($816k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 33% of the total. Other salaries and wages came to $100k. At year end it held assets of $4.4m against liabilities of $1.3m, net assets of $3.1m. It reported 4 employees.

Income and spending

$0$227k$454k$681k$908k2019 Income: $754,1482019 Spending: $524,50420192020 Income: $550,1782020 Spending: $556,57320202021 Income: $621,5862021 Spending: $650,37720212022 Income: $907,6552022 Spending: $695,63020222023 Income: $816,2972023 Spending: $647,9382023
IncomeSpending

Where the income comes from

  • Contributions & grants 39%
  • Program services 33%
  • Other 28%

Similar-sized charities, same cause

CharityLocationIncome
Farmers Market Federation of New YorkSyracuse$816k
The Arc of District of Columbia IncWashington$816k
Touch a Heart IncAiea$816k
We Ignite NationsArvada$817k