India Heritage Foundation NJ Ny Inc

Analysis

India Heritage Foundation NJ Ny Inc is a registered charity in United States, based in Edison, NJ. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, India Heritage Foundation NJ Ny Inc reported income of $806k and spending of $678k, spending 84% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $329k to $806k (+145%), an average of +35% a year. The sharpest change came in the year to December 2021, when income rose by 96%. Over the whole period it spent 72% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, India Heritage Foundation NJ Ny Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 80th percentile within NJ. Charities of a similar size with the same main cause include Crossline Community Church Inc ($805k), Shirdi Sai Center of Texas Inc ($807k) and Real Momentum Ministries Inc ($805k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 41% and program service revenue 55% of the total. Other salaries and wages came to $151k. At year end it held assets of $1.3m against liabilities of $106k, net assets of $1.2m. It reported 6 employees.