India Asia Association

Analysis

India Asia Association is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in August 1984, 42 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 Asia Association reported income of $134k and spending of $135k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $80k to $134k (+68%), an average of +68% a year. The sharpest change came in the year to December 2023, when income rose by 68%. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, India Asia Association sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 48th percentile within TX. Charities of a similar size with the same main cause include Wagner Society of Southern Ca the Sherwin Sloan Foundation ($134k), International School Psychology Association Inc ($134k) and Northside Music School Inc ($134k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $222k against liabilities of $0, net assets of $222k.