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American Initiative for Education in India Inc

RegisteredEIN 26-4085615Naperville, ILEducation and training
Income$124k2023-12
Spending$72ksame year
Spent / received97%2-year average
Size in its cause44th pctEducation and training
Exempt since2014Publicly supported organisat
Employees–latest return

Analysis

American Initiative for Education in India Inc is a registered charity in United States, based in Naperville, IL. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, American Initiative for Education in India Inc reported income of $124k and spending of $72k, leaving 41% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $94k to $124k (+31%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Initiative for Education in India Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 43rd percentile within IL. Charities of a similar size with the same main cause include Oak Meadow PTO ($123k), Santa Teresa Charitable Foundation ($124k) and Keenes Crossing Elementary PTO ($123k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $75k against liabilities of $0, net assets of $75k.

Income and spending

$0$35k$69k$104k$138k2022 Income: $94,1002022 Spending: $138,30020222023 Income: $123,5032023 Spending: $72,4932023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%
  • Other 0.1%

Similar-sized charities, same cause

CharityLocationIncome
Oak Meadow PTOEl Dorado HLS$123k
Santa Teresa Charitable FoundationSanta Teresa$124k
Keenes Crossing Elementary PTOWindermere$123k
Capitan Public Library VolunteersCapitan$124k