India Association of Long Island Inc

Analysis

India Association of Long Island Inc is a registered charity in United States, based in Hicksville, NY. It received its IRS tax-exemption ruling in September 1980, 46 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, India Association of Long Island Inc reported income of $57k and spending of $34k, leaving 39% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $94k to $57k (-40%), an average of -22% a year. The sharpest change came in the year to December 2022, when income dropped by 23%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, India Association of Long Island Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within NY. Charities of a similar size with the same main cause include Peninsula Musical Arts Association ($57k), Auburn Area Community Theatre ($57k) and Atlanta Civil War Round Table Inc ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $480k against liabilities of $3,850, net assets of $476k.