Society of Indo-American Engineers and Architects Inc

Analysis

Society of Indo-American Engineers and Architects Inc is a registered charity in United States, based in Passaic, NJ. It received its IRS tax-exemption ruling in September 1984, 42 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 March 2023, Society of Indo-American Engineers and Architects Inc reported income of $322k and spending of $258k, spending 80% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $263k to $322k (+23%), an average of +5.2% a year. The sharpest change came in the year to March 2023, when income rose by 477%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Society of Indo-American Engineers and Architects Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 69th percentile within NJ. Charities of a similar size with the same main cause include Accel Ai Institute ($322k), East High Angel Foundation ($322k) and Palmetto State Literacy Association ($322k).

On its Form 990 for the period ending March 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $626k against liabilities of $0, net assets of $626k.