India Association of North Texas

Analysis

India Association of North Texas is a registered charity in United States, based in Richardson, TX. It received its IRS tax-exemption ruling in December 1979, 47 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 Association of North Texas reported income of $404k and spending of $265k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $180k to $404k (+124%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 397%. Over the whole period it spent 80% 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 Association of North Texas sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Ellwood House Association Inc ($404k), Hiphopforchange Inc ($405k) and Opera Las Vegas ($404k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.7% and program service revenue 91% of the total. At year end it held assets of $605k against liabilities of $0, net assets of $605k.