Pallium India Inc

Analysis

Pallium India Inc is a registered charity in United States, based in Simpsonville, SC. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Pallium India Inc reported income of $407k and spending of $472k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $229k to $407k (+77%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 229%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Pallium India Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within SC. Charities of a similar size with the same main cause include The Spring Creek Health Care Cooperative Inc ($407k), Hunters Cmt4b3 Research Foundation Inc ($407k) and The Shine Initiative Inc ($407k).

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 $26k against liabilities of $0, net assets of $26k.