Association of Indo Americans

Analysis

Association of Indo Americans is a registered charity in United States, based in Albany, CA. It received its IRS tax-exemption ruling in August 2016, 10 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 (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, Association of Indo Americans reported income of $316k and spending of $319k, spending 101% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $269k to $316k (+18%), an average of +8.4% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Association of Indo Americans sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include LA Pena Inc ($316k), East Coweta Band Boosters Inc ($316k) and Cascade Educational Broadcast Service ($316k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $25k against liabilities of $42k, net assets of -$18k.