India Transformed

Analysis

India Transformed is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in August 1993, 33 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Transformed reported income of $1.4m and spending of $2.1m, spending 148% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $680k to $1.4m (+112%), an average of +21% a year. The sharpest change came in the year to December 2020, when income rose by 691%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, India Transformed sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within CO. Charities of a similar size with the same main cause include Iron Academy ($1.4m), Discovery Plus Academy ($1.4m) and Pace Preparatory Academy Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $164k (7.7% of expenses). At year end it held assets of $6.3m against liabilities of $9,507, net assets of $6.3m. It reported 2 employees.