Federation of India Community Associations of N E Ohio Inc

Analysis

Federation of India Community Associations of N E Ohio Inc is a registered charity in United States, based in Solon, OH. It received its IRS tax-exemption ruling in May 1977, 49 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 February 2023, Federation of India Community Associations of N E Ohio Inc reported income of $109k and spending of $115k, spending 106% of what it took in. Across the 4 years on record, from February 2020 to February 2023, income fell from $114k to $109k (-4.9%), an average of -1.7% a year. The sharpest change came in the year to February 2022, when income rose by 78%. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Federation of India Community Associations of N E Ohio 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 39th percentile, and in the 39th percentile within OH. Charities of a similar size with the same main cause include Tuba Bach Inc ($109k), International Friendship Through the Performing Arts ($109k) and Fairhope Film Festival Inc ($109k).

On its Form 990 for the period ending February 2023, revenue came from contributions and grants 61% and program service revenue 34% of the total. At year end it held assets of $982k against liabilities of $0, net assets of $982k.