India Currents Foundation

Analysis

India Currents Foundation is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in August 2019, 7 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, India Currents Foundation reported income of $486k and spending of $367k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $304k to $486k (+60%), an average of +60% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, India Currents Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Cleveland Builds ($486k), Native P R I D E Prevention Research Intervention Development ($486k) and Shark Fund ($486k).

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 $234k against liabilities of $32k, net assets of $202k. It reported 3 employees.