US India Friendship Alliance Inc

Analysis

US India Friendship Alliance Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2005, 21 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 (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, US India Friendship Alliance Inc reported income of $151k and spending of $185k, spending 122% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $21.8m to $151k (-99%), an average of -92% a year. The sharpest change came in the year to December 2023, when income rose by 975%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, US India Friendship Alliance Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within NY. Charities of a similar size with the same main cause include Florida Association of Museums Foundation Inc ($151k), Greater Austin Suzuki Association ($151k) and Historical Society of Wells and Ogunquit Inc ($151k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $2.8m against liabilities of $0, net assets of $2.8m.