Indo-American Festivals Inc

Analysis

Indo-American Festivals Inc is a registered charity in United States, based in Old Bridge, NJ. It received its IRS tax-exemption ruling in June 2008, 18 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 2023, Indo-American Festivals Inc reported income of $80k and spending of $65k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $78k to $80k (+1.8%), an average of +1.8% a year. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Indo-American Festivals Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 38th percentile within NJ. Charities of a similar size with the same main cause include Aikane O Nuuanu Inc ($80k), Eagle Senior Citizens Inc ($80k) and 5ive Pillars Organization ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $64k against liabilities of $0, net assets of $64k.