Institute of Chin Affairs
Analysis
Institute of Chin Affairs is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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, Institute of Chin Affairs reported income of $221k and spending of $228k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $100k to $221k (+120%), an average of +120% a year. The sharpest change came in the year to December 2023, when income rose by 120%. Over the whole period it spent 93% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Institute of Chin Affairs sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within IN. Charities of a similar size with the same main cause include Senior Friendship Site ($221k), San Diego Museum Council Inc ($221k) and Fowler Christian Apartments II ($221k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 5.2% of the total. Other salaries and wages came to $36k. At year end it held assets of $26k against liabilities of $0, net assets of $26k.
Income and spending
Where the income comes from
- Contributions & grants 95%
- Program services 5.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Senior Friendship Site | Forsyth | $221k |
| San Diego Museum Council Inc | San Diego | $221k |
| Fowler Christian Apartments II | Dallas | $221k |
| PTA New Jersey Congress of Parents & Teachers | Trenton | $221k |