International Alumni Association of Shri Mahavira Jaina Vidyalava Inc

Analysis

International Alumni Association of Shri Mahavira Jaina Vidyalava Inc is a registered charity in United States, based in Northborough, MA. It received its IRS tax-exemption ruling in June 1992, 34 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, International Alumni Association of Shri Mahavira Jaina Vidyalava Inc reported income of $666k and spending of $98k, leaving 85% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $649k to $666k (+2.6%), an average of +0.6% a year. The sharpest change came in the year to December 2021, when income rose by 138%. Over the whole period it spent 46% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, International Alumni Association of Shri Mahavira Jaina Vidyalava Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MA. Charities of a similar size with the same main cause include West African Research Association ($666k), Corazon Inc ($668k) and Friends of the Children of Haiti ($666k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $4.6m against liabilities of $0, net assets of $4.6m.