India Heritage Foundation Boston

Analysis

India Heritage Foundation Boston is a registered charity in United States, based in Shrewsbury, MA. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, India Heritage Foundation Boston reported income of $965k and spending of $410k, leaving 57% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $279k to $965k (+245%), an average of +36% a year. The sharpest change came in the year to December 2022, when income rose by 541%. Over the whole period it spent 23% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, India Heritage Foundation Boston sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MA. Charities of a similar size with the same main cause include Son Set Ministries Inc ($965k), Redeeming Life Outreach Ministries Inc ($965k) and Youth for Truth International ($964k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 14% of the total. Other salaries and wages came to $6,437. At year end it held assets of $4.9m against liabilities of $842k, net assets of $4.0m.