Indiaspora

Analysis

Indiaspora is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in July 2014, 12 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, Indiaspora reported income of $2.8m and spending of $1.3m, leaving 54% of income unspent that year. Across the 6 years on record, from June 2019 to December 2023, income grew from $784k to $2.8m (+259%), an average of +29% a year. The sharpest change came in the year to June 2020, when income rose by 148%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Indiaspora sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Abrazos Family Support Services ($2.8m), Bastrop County Womens Shelter Inc ($2.8m) and Cosmetic Executive Women Foundation Ltd ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $151k (12% of expenses). Other salaries and wages came to $456k. At year end it held assets of $2.5m against liabilities of $74k, net assets of $2.4m. It reported 12 employees.