Code for India Inc

Analysis

Code for India Inc is a registered charity in United States, based in Pacific Palisades, CA. It received its IRS tax-exemption ruling in February 2014, 12 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 (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, Code for India Inc reported income of $57k and spending of $250k, spending 436% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.4m to $57k (-96%), an average of -80% a year. The sharpest change came in the year to December 2023, when income dropped by 97%. Over the whole period it spent 11% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Code for India Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within CA. Charities of a similar size with the same main cause include Asebed Corp ($57k), Sunbeam Association for Mission ($57k) and Direct Aid International Inc ($57k).

Compensation of current officers, directors and key employees was $30k (12% of expenses). At year end it held assets of $3.2m against liabilities of $0, net assets of $3.2m. It reported 1 employees.