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India Network Foundation Inc

RegisteredEIN 34-1836865Orlando, FLPoverty relief
Income$1.5m2023-06
Spending$100ksame year
Spent / received17%6-year average
Size in its cause80th pctPoverty relief
Exempt since2021Publicly supported organisat
Employees0latest return

Analysis

India Network Foundation Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, India Network Foundation Inc reported income of $1.5m and spending of $100k, leaving 93% of income unspent that year. Across the 6 years on record, from June 2017 to June 2023, income grew from $201k to $1.5m (+622%), an average of +48% a year. The sharpest change came in the year to June 2021, when income rose by 296%. Over the whole period it spent 17% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, India Network Foundation Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include The Childrens Center ($1.5m), 4evergreen Foster Family Agency Inc ($1.5m) and Brooke County Committee on Aging Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $5.5m against liabilities of $26k, net assets of $5.5m.

Income and spending

$0$363k$726k$1.1m$1.5m2017 Income: $201,0462017 Spending: $13,02420172018 Income: $200,8382018 Spending: $70,42020182020 Income: $201,7442020 Spending: $125,08720202021 Income: $799,2682021 Spending: $319,35120212022 Income: $870,6522022 Spending: $7,92220222023 Income: $1,451,4542023 Spending: $100,0952023
IncomeSpending

Where the income comes from

  • Contributions & grants 69%
  • Other 31%

Similar-sized charities, same cause

CharityLocationIncome
The Childrens CenterAlbert Lea$1.5m
4evergreen Foster Family Agency IncFresno$1.5m
Brooke County Committee on Aging IncFollansbee$1.5m
American Telugu AssociationNaperville$1.5m