American India Foundation
American India Foundation shows strong asset growth and zero executive compensation amidst fluctuating revenues.
EIN: 134159765 · New York, NY · NTEE: M12 · Updated: 2026-03-28
Is American India Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
American India Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About American India Foundation
American India Foundation (EIN: 134159765) is a nonprofit organization based in New York, NY, classified under NTEE code M12. The organization reported total revenue of $36.2M and total assets of $34.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American India Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American India Foundation is a large nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $15.1M |
| Total Expenses | $15.3M |
| Surplus / Deficit | $-177,591 |
| Total Assets | $34.6M |
| Total Liabilities | $5.3M |
| Net Assets | $29.3M |
| Operating Margin | -1.2% |
| Debt-to-Asset Ratio | 15.2% |
| Months of Reserves | 27.2 months |
Financial Health Grade: B
In 2023, American India Foundation reported a deficit of $178K with expenses exceeding revenue, holds 27.2 months of operating reserves (strong position), has a debt-to-asset ratio of 15.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), American India Foundation's revenue has grown at a compound annual growth rate (CAGR) of 6.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -66.6% | -42.2% | -1.0% |
| 2022 | +335.4% | +215.4% | +212.5% |
| 2021 | +25.2% | +11.9% | +12.9% |
| 2020 | +21.2% | +28.9% | +8.5% |
| 2019 | -16.3% | -23.0% | +13.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates American India Foundation with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, American India Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $178K, with expenses exceeding revenue.
- Debt-to-asset ratio: 15.2%.
Executive Compensation Analysis
The American India Foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is highly unusual for an organization of its size and revenue, and suggests a strong commitment to directing funds to programs.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of American India Foundation's IRS 990 filings:
- Significant revenue volatility, with a large drop from $45,093,906 in 2022 to $15,079,194 in 2023, which could indicate reliance on unpredictable large donations.
- Expenses ($15,256,785) slightly exceeded revenue ($15,079,194) in the latest filing (202303 period), indicating a minor operating deficit for that year.
Strengths
The following positive indicators were identified for American India Foundation:
- Consistent reporting of 0% officer compensation across all filings, indicating high transparency and dedication of funds to mission.
- Strong and consistent growth in assets, from $9,119,828 in 2019 to $34,568,566 in 2023, providing a solid financial foundation.
- Generally positive net assets, with assets significantly exceeding liabilities ($34,568,566 vs $5,256,510 in 2023).
Frequently Asked Questions about American India Foundation
Is American India Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, American India Foundation (EIN: 134159765) some concerns. Mission Score: 90/100. 2 red flags identified, 3 strengths noted.
How does American India Foundation spend its money?
American India Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to American India Foundation tax-deductible?
American India Foundation is registered as a tax-exempt nonprofit (EIN: 134159765). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is American India Foundation a good charity?
Based on the provided data, the American India Foundation appears to be a good charity. It demonstrates strong asset growth, a commitment to its mission by reporting 0% officer compensation, and generally manages its expenses effectively relative to its revenue, though the latest period showed a slight deficit.
How has AIF's revenue changed over time?
AIF's revenue has shown significant volatility, with a major spike from $10,355,759 in 2021 to $45,093,906 in 2022, then decreasing to $15,079,194 in 2023. Prior to 2021, revenue was relatively stable, ranging from approximately $6 million to $8 million annually.
What is the trend in AIF's assets?
AIF's assets have shown consistent and substantial growth, increasing from $9,119,828 in 2019 to $34,568,566 in 2023, indicating strong financial management and accumulation of resources.
Filing History
IRS 990 filing history for American India Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), American India Foundation's revenue has grown by 108.6%, moving from $7.2M to $15.1M. Total assets increased by 354.7% over the same period, from $7.6M to $34.6M. Total functional expenses rose by 113.7%, from $7.1M to $15.3M. In its most recent filing year (2023), American India Foundation reported a deficit of $178K, with expenses exceeding revenue. The organization holds $5.3M in liabilities against $34.6M in assets (debt-to-asset ratio: 15.2%), resulting in net assets of $29.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $15.1M | $15.3M | $34.6M | $5.3M | — | View 990 |
| 2022 | $45.1M | $26.4M | $34.9M | $5.5M | — | View 990 |
| 2021 | $10.4M | $8.4M | $11.2M | $333K | — | View 990 |
| 2020 | $8.3M | $7.5M | $9.9M | $1.0M | — | View 990 |
| 2019 | $6.8M | $5.8M | $9.1M | $1.1M | — | View 990 |
| 2018 | $8.2M | $7.5M | $8.0M | $1.0M | — | View 990 |
| 2017 | $6.0M | $7.6M | $6.9M | $463K | — | View 990 |
| 2016 | $6.8M | $6.2M | $8.7M | $765K | — | View 990 |
| 2015 | $6.8M | $5.8M | $8.0M | $701K | — | View 990 |
| 2014 | $6.3M | $6.1M | $7.0M | $588K | — | View 990 |
| 2013 | $7.0M | $7.0M | $6.5M | $179K | — | View 990 |
| 2012 | $6.9M | $7.2M | $6.4M | $125K | — | View 990 |
| 2011 | $7.2M | $7.1M | $7.6M | $1.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $15.1M, expenses of $15.3M, and assets of $34.6M (revenue -66.6% year-over-year).
- 2022: Revenue of $45.1M, expenses of $26.4M, and assets of $34.9M (revenue +335.4% year-over-year).
- 2021: Revenue of $10.4M, expenses of $8.4M, and assets of $11.2M (revenue +25.2% year-over-year).
- 2020: Revenue of $8.3M, expenses of $7.5M, and assets of $9.9M (revenue +21.2% year-over-year).
- 2019: Revenue of $6.8M, expenses of $5.8M, and assets of $9.1M (revenue -16.3% year-over-year).
- 2018: Revenue of $8.2M, expenses of $7.5M, and assets of $8.0M (revenue +34.9% year-over-year).
- 2017: Revenue of $6.0M, expenses of $7.6M, and assets of $6.9M (revenue -11.3% year-over-year).
- 2016: Revenue of $6.8M, expenses of $6.2M, and assets of $8.7M (revenue +0.4% year-over-year).
- 2015: Revenue of $6.8M, expenses of $5.8M, and assets of $8.0M (revenue +8.6% year-over-year).
- 2014: Revenue of $6.3M, expenses of $6.1M, and assets of $7.0M (revenue -10.6% year-over-year).
- 2013: Revenue of $7.0M, expenses of $7.0M, and assets of $6.5M (revenue +0.8% year-over-year).
- 2012: Revenue of $6.9M, expenses of $7.2M, and assets of $6.4M (revenue -4.1% year-over-year).
- 2011: Revenue of $7.2M, expenses of $7.1M, and assets of $7.6M.
Data Sources and Methodology
This transparency report for American India Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.