Friends Of Indus Hospital Inc
Friends Of Indus Hospital Inc shows strong revenue growth and program focus with no reported officer compensation.
EIN: 204751162 · Teaneck, NJ · NTEE: E112 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $15.0M |
| Total Expenses | $18.4M |
| Program Spending | 90% |
| Net Assets | $2.7M |
| Transparency Score | 92/100 |
Is Friends Of Indus Hospital Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friends Of Indus Hospital Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends Of Indus Hospital Inc
Friends Of Indus Hospital Inc (EIN: 204751162) is a nonprofit organization based in Teaneck, NJ, classified under NTEE code E112. The organization reported total revenue of $15.0M and total assets of $6.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of Indus Hospital Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of Indus Hospital Inc is a large nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 33.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $14.7M |
| Total Expenses | $18.4M |
| Surplus / Deficit | $-3,647,435 |
| Total Assets | $7.2M |
| Total Liabilities | $4.5M |
| Net Assets | $2.7M |
| Operating Margin | -24.7% |
| Debt-to-Asset Ratio | 62.5% |
| Months of Reserves | 4.7 months |
Financial Health Grade: C
In 2023, Friends Of Indus Hospital Inc reported a deficit of $3.6M with expenses exceeding revenue, holds 4.7 months of operating reserves (adequate), has a debt-to-asset ratio of 62.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Friends Of Indus Hospital Inc's revenue has grown at a compound annual growth rate (CAGR) of 33.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.7% | +37.4% | -47.9% |
| 2022 | +61.5% | +57.3% | +104.6% |
| 2021 | +56.7% | +16.3% | +18.1% |
| 2020 | -5.0% | +83.2% | +5.0% |
| 2019 | +21.6% | +30.8% | +81.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Friends Of Indus Hospital Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Friends Of Indus Hospital Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $3.6M, with expenses exceeding revenue.
- Debt-to-asset ratio: 62.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly favorable for directing funds to charitable 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 Friends Of Indus Hospital Inc's IRS 990 filings:
- Expenses exceeded revenue in the 202312 period by over $3.6 million, which warrants further investigation into the cause and sustainability.
Strengths
The following positive indicators were identified for Friends Of Indus Hospital Inc:
- Consistent and significant revenue growth over the past decade, from $629,375 in 201412 to $14,742,480 in 202312.
- 0% officer compensation reported across all filings, indicating a strong commitment to directing funds to programs.
- Strong program focus, as implied by the lack of executive compensation and the nature of a healthcare-related NTEE code (E112).
- Healthy asset growth, from $617,588 in 201412 to $7,159,864 in 202312, supporting expanding operations.
Frequently Asked Questions about Friends Of Indus Hospital Inc
Is Friends Of Indus Hospital Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of Indus Hospital Inc (EIN: 204751162) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Friends Of Indus Hospital Inc spend its money?
Friends Of Indus Hospital Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Friends Of Indus Hospital Inc tax-deductible?
Friends Of Indus Hospital Inc is registered as a tax-exempt nonprofit (EIN: 204751162). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Friends Of Indus Hospital Inc's spending goes to programs?
Friends Of Indus Hospital Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Friends Of Indus Hospital Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Friends Of Indus Hospital Inc is above average for NTEE category E112 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Friends Of Indus Hospital Inc located?
Friends Of Indus Hospital Inc is headquartered in Teaneck, New Jersey and files with the IRS under EIN 204751162. It is classified under NTEE code E112.
How many years of IRS 990 filings does Friends Of Indus Hospital Inc have?
Friends Of Indus Hospital Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $15.0M in total revenue.
Is Friends Of Indus Hospital Inc a good charity?
Based on the available IRS 990 data, Friends Of Indus Hospital Inc appears to be a good charity. It demonstrates strong revenue growth, a clear commitment to program spending (evidenced by 0% officer compensation), and consistent financial reporting.
How has the organization's revenue grown over time?
The organization has experienced substantial revenue growth, increasing from $629,375 in 201412 to $14,742,480 in 202312, representing a significant expansion in its financial capacity.
What is the trend in assets and liabilities?
Assets have generally grown alongside revenue, from $617,588 in 201412 to $7,159,864 in 202312. Liabilities have also increased, reaching $4,477,389 in 202312, which is a factor to monitor but not necessarily a red flag given the growth in assets and operations.
Why did expenses exceed revenue in 202312?
In the 202312 period, expenses ($18,389,915) exceeded revenue ($14,742,480). This could be due to the timing of large project expenditures, strategic investments, or the use of accumulated reserves. Further detailed financial statements would be needed for a complete understanding.
Does the organization pay its executives?
According to all available IRS 990 filings, Friends Of Indus Hospital Inc reports 0% officer compensation, indicating that no salaries are paid to its officers.
Filing History
IRS 990 filing history for Friends Of Indus Hospital Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Friends Of Indus Hospital Inc's revenue has grown by 3084.4%, moving from $463K to $14.7M. Total assets increased by 1498.1% over the same period, from $448K to $7.2M. Total functional expenses rose by 5980%, from $302K to $18.4M. In its most recent filing year (2023), Friends Of Indus Hospital Inc reported a deficit of $3.6M, with expenses exceeding revenue. The organization holds $4.5M in liabilities against $7.2M in assets (debt-to-asset ratio: 62.5%), resulting in net assets of $2.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $14.7M | $18.4M | $7.2M | $4.5M | — | — |
| 2022 | $15.5M | $13.4M | $13.7M | $7.4M | — | View 990 |
| 2021 | $9.6M | $8.5M | $6.7M | $2.5M | — | View 990 |
| 2020 | $6.1M | $7.3M | $5.7M | $2.5M | — | View 990 |
| 2019 | $6.4M | $4.0M | $5.4M | $8K | — | View 990 |
| 2018 | $5.3M | $3.1M | $3.0M | $15K | — | View 990 |
| 2017 | $3.1M | $3.6M | $719K | $325 | — | View 990 |
| 2016 | $1.6M | $1.4M | $1.3M | $609 | — | View 990 |
| 2015 | $1.3M | $965K | $988K | $113 | — | View 990 |
| 2014 | $629K | $791K | $618K | $97 | — | View 990 |
| 2013 | $582K | $322K | $779K | $0 | — | View 990 |
| 2012 | $482K | $361K | $568K | $0 | — | View 990 |
| 2011 | $463K | $302K | $448K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $14.7M, expenses of $18.4M, and assets of $7.2M (revenue -4.7% year-over-year).
- 2022: Revenue of $15.5M, expenses of $13.4M, and assets of $13.7M (revenue +61.5% year-over-year).
- 2021: Revenue of $9.6M, expenses of $8.5M, and assets of $6.7M (revenue +56.7% year-over-year).
- 2020: Revenue of $6.1M, expenses of $7.3M, and assets of $5.7M (revenue -5.0% year-over-year).
- 2019: Revenue of $6.4M, expenses of $4.0M, and assets of $5.4M (revenue +21.6% year-over-year).
- 2018: Revenue of $5.3M, expenses of $3.1M, and assets of $3.0M (revenue +72.3% year-over-year).
- 2017: Revenue of $3.1M, expenses of $3.6M, and assets of $719K (revenue +90.4% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.4M, and assets of $1.3M (revenue +21.0% year-over-year).
- 2015: Revenue of $1.3M, expenses of $965K, and assets of $988K (revenue +112.1% year-over-year).
- 2014: Revenue of $629K, expenses of $791K, and assets of $618K (revenue +8.2% year-over-year).
- 2013: Revenue of $582K, expenses of $322K, and assets of $779K (revenue +20.8% year-over-year).
- 2012: Revenue of $482K, expenses of $361K, and assets of $568K (revenue +4.0% year-over-year).
- 2011: Revenue of $463K, expenses of $302K, and assets of $448K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of Indus Hospital Inc:
Data Sources and Methodology
This transparency report for Friends Of Indus Hospital Inc 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.