India Association of Minnesota Inc

Analysis

India Association of Minnesota Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in May 1979, 47 years ago. 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 Association of Minnesota Inc reported income of $198k and spending of $250k, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $270k to $198k (-27%), an average of -7.5% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, India Association of Minnesota Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within MN. Charities of a similar size with the same main cause include Trust U/W Alpine McLean Aka ($198k), Homer Hoyt Institute ($198k) and PTA California Congress of Parents Teachers & Students Inc ($198k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $70k against liabilities of $0, net assets of $70k.