India Foundation

Analysis

India Foundation is a registered charity in United States, based in Hope Mills, NC. It received its IRS tax-exemption ruling in July 2006, 20 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 2022, India Foundation reported income of $410k and spending of $11k, leaving 97% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $757k to $410k (-46%), an average of -18% a year. The sharpest change came in the year to December 2022, when income rose by 36186%. Over the whole period it spent 3.9% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, India Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within NC. Charities of a similar size with the same main cause include Ignite Academy ($410k), Home Non-Profit Housing Corp ($410k) and Center Inc ($410k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.6m against liabilities of -$190, net assets of $1.6m.