India Society of Worcester Mass

Analysis

India Society of Worcester Mass is a registered charity in United States, based in Shrewsbury, MA. It received its IRS tax-exemption ruling in September 2003, 23 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, India Society of Worcester Mass reported income of $405k and spending of $307k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $405k (-62%), an average of -22% a year. The sharpest change came in the year to December 2021, when income dropped by 50%. Over the whole period it spent 23% 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 Society of Worcester Mass sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within MA. Charities of a similar size with the same main cause include Global Gallery Inc ($405k), Driver Opera House Restoration Inc ($405k) and Sonoran Arts League Inc ($405k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 45% of the total. At year end it held assets of $3.5m against liabilities of $325k, net assets of $3.2m.