Pearls of India Foundation

Analysis

Pearls of India Foundation is a registered charity in United States, based in Burr Ridge, IL. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 April 2024, Pearls of India Foundation reported income of $291k and spending of $91k, leaving 69% of income unspent that year. Across the 2 years on record, from April 2023 to April 2024, income grew from $80k to $291k (+265%), an average of +265% a year. The sharpest change came in the year to April 2024, when income rose by 265%. Over the whole period it spent 31% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pearls of India 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 61st percentile, and in the 61st percentile within IL. Charities of a similar size with the same main cause include Czech Cultural and Community Center ($291k), American Society of Agricultural Engineers ($291k) and New Castle Community Television Inc ($291k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 99% of the total. At year end it held assets of $369k against liabilities of $0, net assets of $369k.