American Society of Indian Engineers Inc

Analysis

American Society of Indian Engineers Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in April 1996, 30 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, American Society of Indian Engineers Inc reported income of $103k and spending of $99k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $73k to $103k (+41%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Society of Indian Engineers Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within TX. Charities of a similar size with the same main cause include Institute for Continued Learning ($103k), Vermont Independent Schools Association Inc ($103k) and Perry County Day Service Center ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $89k against liabilities of $0, net assets of $89k.