Iit Delhi Endowment Fund US

Analysis

Iit Delhi Endowment Fund US is a registered charity in United States, based in Jersey City, NJ. It received its IRS tax-exemption ruling in August 2020, 6 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, Iit Delhi Endowment Fund US reported income of $1.8m and spending of $1.5m, leaving 20% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $1.8m to $1.8m (+2.6%), an average of +0.8% a year. The sharpest change came in the year to December 2021, when income rose by 117%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Iit Delhi Endowment Fund US sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within NJ. Charities of a similar size with the same main cause include Brookview School a Montessori Community House of Children ($1.8m), Lutheran Elementary School Association ($1.8m) and Davinci Academy Abc ($1.8m).

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 $402k against liabilities of $0, net assets of $402k.