Niru & Lalit Shah Charitable Foundation

Analysis

Niru & Lalit Shah Charitable Foundation is a registered charity in United States, based in Sugar Land, TX. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Niru & Lalit Shah Charitable Foundation reported income of $107k and spending of $1,706, leaving 98% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $145k to $107k (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 1.4% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Niru & Lalit Shah Charitable Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within TX. Charities of a similar size with the same main cause include Global I E ($107k), The Finnish Center at Saima Park ($107k) and Hand-In-Hand Share Missions ($107k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $379k against liabilities of $0, net assets of $379k.