Quick charity verification for India Home Inc (EIN: 208747291)
Verdict: India Home Inc appears trustworthy
85/100Mission Score
$4.2MRevenue
$12.7MAssets
2Red Flags
4Strengths
Red Flags
Significant increase in liabilities alongside asset growth, reaching $5,497,917 in 2023, which could indicate reliance on debt.
Consistent 0% officer compensation, while positive for program spending, is unusual and might suggest compensation is reported under other expense categories or a fully volunteer-led executive, which could raise questions about sustainability of leadership.
Strengths
Rapid and substantial revenue growth from $172,747 in 2016 to $4,112,958 in 2023, demonstrating increased capacity and impact.
Consistent reporting of 0% officer compensation, indicating a strong commitment to directing funds towards programmatic activities.
Positive net income in recent years, such as $256,718 in 2023 and $1,631,948 in 2022, showing effective financial management and resource generation.
Significant growth in assets to $7,814,367 in 2023, enhancing the organization's financial base.
Spending Breakdown
How India Home Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about India Home Inc
Is India Home Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, India Home Inc (EIN: 208747291) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is India Home Inc a good charity to donate to?
India Home Inc has a Mission Score of 85/100. Revenue: $4.2M. Assets: $12.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for India Home Inc?
The Employer Identification Number (EIN) for India Home Inc is 208747291. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does India Home Inc spend its money?
India Home Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify India Home Inc's tax-exempt status?
You can verify India Home Inc's tax-exempt status using EIN 208747291 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
India Home Inc has demonstrated significant growth in its financial operations over the past several years, with revenue increasing from $172,747 in 2016 to $4,112,958 in 2023. This substantial expansion suggests a growing capacity to deliver on its mission. The organization consistently reports 0% officer compensation across all available filings, which is a notable indicator of financial transparency and a commitment to directing funds towards programs rather than executive salaries. This practice aligns well with strong governance principles and can build donor trust.
While the organization's assets have grown considerably to $7,814,367 in 2023, so have its liabilities, reaching $5,497,917 in the same period. This indicates a reliance on debt or other obligations to finance its operations and growth, which warrants closer examination to ensure long-term financial stability. The consistent surplus of revenue over expenses in recent years, such as $256,718 in 2023 and a substantial $1,631,948 in 2022, suggests effective financial management in generating income beyond operational costs, contributing to asset accumulation.
Overall, India Home Inc appears to be a financially growing organization with a strong commitment to minimizing executive compensation. However, the increasing liabilities alongside asset growth suggest a need for careful monitoring of its balance sheet to ensure sustainable financial health. The consistent positive net income in recent years is a strong indicator of operational efficiency and the ability to generate resources for its mission.