India House Inc
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
Where the income comes from
- Contributions & grants 39%
- Program services 33%
- Other 28%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Farmers Market Federation of New York | Syracuse | $816k |
| The Arc of District of Columbia Inc | Washington | $816k |
| Touch a Heart Inc | Aiea | $816k |
| We Ignite Nations | Arvada | $817k |