Ishan Gala Foundation Inc

Analysis

Ishan Gala Foundation Inc is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Ishan Gala Foundation Inc reported income of $133k and spending of $187k, spending 141% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $178k to $133k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 106% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ishan Gala Foundation Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within VA. Charities of a similar size with the same main cause include Son Focused Ministries Inc ($133k), The North County Intergroup Association of Alcoholics Anonymou ($133k) and Michael Matters Foundation Inc ($133k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $208k against liabilities of $3,849, net assets of $204k.