Hyderabad Foundation USA Inc

Analysis

Hyderabad Foundation USA Inc is a registered charity in United States, based in Ashburn, VA. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, Hyderabad Foundation USA Inc reported income of $253k and spending of $223k, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $217k to $253k (+16%), an average of +3.8% a year. The sharpest change came in the year to June 2023, when income rose by 30%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hyderabad Foundation USA Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within VA. Charities of a similar size with the same main cause include Friends of Hatzalah of West Orange-Livingston ($253k), Poore Medical Clinic Inc ($253k) and Pureheart Ministries ($253k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.