Udaan Inc

Analysis

Udaan Inc is a registered charity in United States, based in Bear, DE. It received its IRS tax-exemption ruling in December 2014, 12 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 (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, Udaan Inc reported income of $246k and spending of $228k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $193k to $246k (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Udaan Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 53rd percentile within DE. Charities of a similar size with the same main cause include Massachusetts Center for Native American Awareness Inc ($246k), Bread & Roses Missouri ($246k) and Society for Creative Anachronism ($246k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.