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Indian Cultural Organization

RegisteredEIN 68-0443607Redding, CAEducation and training
Income$2.3m2024-06
Spending$1.8msame year
Spent / received86%5-year average
Size in its cause83rd pctEducation and training
Exempt since2000School
Employees26latest return

Analysis

Indian Cultural Organization is a registered charity in United States, based in Redding, CA. It received its IRS tax-exemption ruling in April 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Indian Cultural Organization reported income of $2.3m and spending of $1.8m, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2024, income grew from $350k to $2.3m (+547%), an average of +60% a year. The sharpest change came in the year to June 2024, when income rose by 323%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Indian Cultural Organization sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Montgomery Coalition for Adultenglish Literacy Inc ($2.3m), Blue Ribbon Results Child Care Center Inc ($2.3m) and Business-Higher Education Forum ($2.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $99k (5.6% of expenses). Other salaries and wages came to $870k. At year end it held assets of $807k against liabilities of $58k, net assets of $749k. It reported 26 employees.

Income and spending

$0$567k$1.1m$1.7m$2.3m2019 Income: $350,2142019 Spending: $232,03920192021 Income: $152,7352021 Spending: $126,05520212022 Income: $330,1122022 Spending: $264,51220222023 Income: $535,6852023 Spending: $696,99220232024 Income: $2,266,6952024 Spending: $1,789,2772024
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
Montgomery Coalition for Adultenglish Literacy IncRockville$2.3m
Blue Ribbon Results Child Care Center IncNorfolk$2.3m
Business-Higher Education ForumWashington$2.3m
Suncoast School for Innovative Studies IncSarasota$2.3m