Hindu American Foundation Inc
EIN: 680551525 · Philadelphia, PA · NTEE: A70
| Metric | Value |
|---|---|
| Total Revenue | $5.8M |
| Total Expenses | $2.1M |
| Net Assets | $4.3M |
Is Hindu American Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hindu American Foundation Inc
Hindu American Foundation Inc (EIN: 680551525) is a nonprofit organization based in Philadelphia, PA, classified under NTEE code A70. The organization reported total revenue of $5.8M and total assets of $6.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hindu American Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hindu American Foundation Inc is a mid-size nonprofit that has been operating for 10 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 10.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $2.1M |
| Surplus / Deficit | +$509K |
| Total Assets | $4.4M |
| Total Liabilities | $87K |
| Net Assets | $4.3M |
| Operating Margin | 19.3% |
| Debt-to-Asset Ratio | 2.0% |
| Months of Reserves | 25.0 months |
Financial Health Grade: A
In 2023, Hindu American Foundation Inc reported a surplus of $509K with revenue exceeding expenses, holds 25.0 months of operating reserves (strong position), has a debt-to-asset ratio of 2.0% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Hindu American Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.0% | -4.5% | +16.4% |
| 2022 | +22.1% | +35.6% | -9.8% |
| 2021 | -0.3% | +14.0% | +24.3% |
| 2020 | +527.5% | +92.8% | +21.5% |
| 2019 | -75.5% | -50.5% | -9.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hindu American Foundation Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hindu American Foundation Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $509K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.0%.
Frequently Asked Questions about Hindu American Foundation Inc
Is Hindu American Foundation Inc a legitimate charity?
Hindu American Foundation Inc (EIN: 680551525) is a registered tax-exempt nonprofit based in Pennsylvania. It has 14 years of IRS 990 filings on record. Total revenue: $5.8M. No red flags identified. Financial health grade: A.
How does Hindu American Foundation Inc spend its money?
Hindu American Foundation Inc reported $5.8M in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hindu American Foundation Inc tax-deductible?
Hindu American Foundation Inc is registered as a tax-exempt nonprofit (EIN: 680551525). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hindu American Foundation Inc located?
Hindu American Foundation Inc is headquartered in Philadelphia, Pennsylvania and files with the IRS under EIN 680551525. It is classified under NTEE code A70.
How many years of IRS 990 filings does Hindu American Foundation Inc have?
Hindu American Foundation Inc has 14 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 $5.8M in total revenue.
Filing History
IRS 990 filing history for Hindu American Foundation Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Hindu American Foundation Inc's revenue has grown by 278.4%, moving from $696K to $2.6M. Total assets increased by 247.3% over the same period, from $1.3M to $4.4M. Total functional expenses rose by 392.8%, from $431K to $2.1M. In its most recent filing year (2023), Hindu American Foundation Inc reported a surplus of $509K, with revenue exceeding expenses. The organization holds $87K in liabilities against $4.4M in assets (debt-to-asset ratio: 2.0%), resulting in net assets of $4.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $2.1M | $4.4M | $87K | — | View 990 |
| 2022 | $2.5M | $2.2M | $3.8M | $86K | — | View 990 |
| 2021 | $2.1M | $1.6M | $4.2M | $223K | — | View 990 |
| 2020 | $2.1M | $1.4M | $3.4M | $221K | — | View 990 |
| 2019 | $332K | $746K | $2.8M | $40K | — | View 990 |
| 2018 | $1.4M | $1.5M | $3.1M | $31K | — | View 990 |
| 2017 | $1.3M | $1.3M | $3.4M | $9K | — | View 990 |
| 2016 | $1.6M | $1.3M | $3.2M | $17K | — | View 990 |
| 2015 | $1.4M | $1.2M | $2.2M | $0 | — | View 990 |
| 2014 | $1.2M | $973K | $2.1M | $0 | — | View 990 |
| 2013 | $1.2M | $742K | $1.9M | $0 | — | View 990 |
| 2012 | $625K | $561K | $1.4M | $0 | — | View 990 |
| 2011 | $0 | $0 | $0 | $0 | — | View 990 |
| 2010 | $696K | $431K | $1.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $2.1M, and assets of $4.4M (revenue +4.0% year-over-year).
- 2022: Revenue of $2.5M, expenses of $2.2M, and assets of $3.8M (revenue +22.1% year-over-year).
- 2021: Revenue of $2.1M, expenses of $1.6M, and assets of $4.2M (revenue -0.3% year-over-year).
- 2020: Revenue of $2.1M, expenses of $1.4M, and assets of $3.4M (revenue +527.5% year-over-year).
- 2019: Revenue of $332K, expenses of $746K, and assets of $2.8M (revenue -75.5% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.5M, and assets of $3.1M (revenue +5.7% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.3M, and assets of $3.4M (revenue -18.7% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.3M, and assets of $3.2M (revenue +8.9% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.2M, and assets of $2.2M (revenue +18.4% year-over-year).
- 2014: Revenue of $1.2M, expenses of $973K, and assets of $2.1M (revenue +5.2% year-over-year).
- 2013: Revenue of $1.2M, expenses of $742K, and assets of $1.9M (revenue +85.7% year-over-year).
- 2012: Revenue of $625K, expenses of $561K, and assets of $1.4M.
- 2011: Revenue of $0, expenses of $0, and assets of $0 (revenue -100.0% year-over-year).
- 2010: Revenue of $696K, expenses of $431K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hindu American Foundation Inc:
Data Sources and Methodology
This transparency report for Hindu American Foundation 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.