India Association of Oklahoma

Analysis

India Association of Oklahoma is a registered charity in United States, based in Moore, OK. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, India Association of Oklahoma reported income of $117k and spending of $89k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $117k (+70%), an average of +70% a year. The sharpest change came in the year to December 2023, when income rose by 70%. Over the whole period it spent 83% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, India Association of Oklahoma sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within OK. Charities of a similar size with the same main cause include Decatur Morgan County Minority Development Assn ($117k), Millennium Cares Fund Inc ($117k) and Volunteer Center of Morgan County ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 27% of the total. At year end it held assets of $74k against liabilities of $0, net assets of $74k.