India Heritage Society

Analysis

India Heritage Society is a registered charity in United States, based in Roanoke, VA. It received its IRS tax-exemption ruling in June 1989, 37 years ago. 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, India Heritage Society reported income of $197k and spending of $152k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $122k to $197k (+62%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 89%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, India Heritage Society 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 53rd percentile, and in the 53rd percentile within VA. Charities of a similar size with the same main cause include Milton Historical Society ($197k), Lewis County Historical Society ($197k) and Associated Charities of Cumberland Inc ($197k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $22k. At year end it held assets of $812k against liabilities of $0, net assets of $812k. It reported 2 employees.