India Group Corporation

Analysis

India Group Corporation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 2015, 11 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 March 2024, India Group Corporation reported income of $60k and spending of $83k, spending 139% of what it took in. Across the 2 years on record, from March 2023 to March 2024, income grew from $46k to $60k (+32%), an average of +32% a year. The sharpest change came in the year to March 2024, when income rose by 32%. Over the whole period it spent 101% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, India Group Corporation sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within NY. Charities of a similar size with the same main cause include Day One Health Inc ($60k), Serving Christ Ministries Inc ($60k) and Compassion Corps ($60k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $59k against liabilities of $0, net assets of $59k.