India Culture Center

Analysis

India Culture Center is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in October 1973, 53 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, India Culture Center reported income of $177k and spending of $196k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $83k to $177k (+113%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 143%. 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, India Culture Center sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within TX. Charities of a similar size with the same main cause include The Waterfront Museum ($177k), Hawaiian Outrigger Canoe Voyagingsociety ($177k) and American Dance and Music Inc ($177k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 30% of the total. At year end it held assets of $274k against liabilities of $0, net assets of $274k.