India Association of Indianapolis

Analysis

India Association of Indianapolis is a registered charity in United States, based in Carmel, IN. It received its IRS tax-exemption ruling in September 1980, 46 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, India Association of Indianapolis reported income of $71k and spending of $53k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $79k to $71k (-9.4%), an average of -2.4% a year. The sharpest change came in the year to December 2021, when income rose by 90%. Over the whole period it spent 56% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, India Association of Indianapolis sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 25th percentile within IN. Charities of a similar size with the same main cause include Order of the Crown of Charlemagne in the United States of America ($71k), Alaska Moving Arts Center Inc ($71k) and West Coast Ragtime Society ($71k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 16% of the total. At year end it held assets of $652k against liabilities of $42k, net assets of $610k.