Iit Gandhinagar Foundation

Analysis

Iit Gandhinagar Foundation is a registered charity in United States, based in Union City, CA. It received its IRS tax-exemption ruling in November 2009, 17 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, Iit Gandhinagar Foundation reported income of $561k and spending of $927k, spending 165% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.8m to $561k (-68%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 55%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Iit Gandhinagar Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include English Language Center of Cache Valley Inc ($561k), Eca Support Corporation ($561k) and Michigan Head Start Association ($561k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $122k against liabilities of $0, net assets of $122k.