Indo-Us Foundation

Analysis

Indo-Us Foundation is a registered charity in United States, based in Hoffman Estates, IL. It received its IRS tax-exemption ruling in September 1991, 35 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 December 2023, Indo-Us Foundation reported income of $720k and spending of $666k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.2m to $720k (-86%), an average of -39% a year. The sharpest change came in the year to December 2023, when income dropped by 58%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Indo-Us Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within IL. Charities of a similar size with the same main cause include Parent Program of Mid-Coast Maine Inc ($720k), Buena Vista Childrens Services ($720k) and Kids Light Inc ($719k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $258k against liabilities of $15k, net assets of $243k.