India Association of South Alabama Inc

Analysis

India Association of South Alabama Inc is a registered charity in United States, based in Troy, AL. It received its IRS tax-exemption ruling in April 1986, 40 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 Association of South Alabama Inc reported income of $420k and spending of $175k, leaving 58% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $237k to $420k (+77%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 140%. Over the whole period it spent 48% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, India Association of South Alabama Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 70th percentile within AL. Charities of a similar size with the same main cause include Friday Harbor Fire Fighters Association ($420k), Intertribal Council of Alabama ($420k) and The National Alumni Society of the University of Alabama in Birmingha ($420k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. At year end it held assets of $1.9m against liabilities of $215k, net assets of $1.7m.