India Collective Inc

Analysis

India Collective Inc is a registered charity in United States, based in Southport, CT. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Collective Inc reported income of $219k and spending of $222k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $213k to $219k (+2.7%), an average of +2.7% a year. Over the whole period it spent 85% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, India Collective Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within CT. Charities of a similar size with the same main cause include Highlands Motoring Foundation Inc ($219k), Building Owners and Managers Association of Georgia Foundation ($219k) and Ho Ho Ho Inc ($219k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $26k. At year end it held assets of $71k against liabilities of $0, net assets of $71k.