India Association Of Charlotte
EIN: 561907586 · Charlotte, NC · NTEE: A23
| Metric | Value |
|---|---|
| Total Revenue | $187K |
| Total Expenses | $121K |
| Net Assets | $443K |
Is India Association Of Charlotte Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About India Association Of Charlotte
India Association Of Charlotte (EIN: 561907586) is a nonprofit organization based in Charlotte, NC, classified under NTEE code A23. The organization reported total revenue of $187K and total assets of $474K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of India Association Of Charlotte's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
India Association Of Charlotte is a small nonprofit that has been operating for 27 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 11.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $179K |
| Total Expenses | $121K |
| Surplus / Deficit | +$59K |
| Total Assets | $443K |
| Net Assets | $443K |
| Operating Margin | 32.7% |
| Months of Reserves | 44.0 months |
Financial Health Grade: A
In 2023, India Association Of Charlotte reported a surplus of $59K with revenue exceeding expenses, holds 44.0 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), India Association Of Charlotte's revenue has grown at a compound annual growth rate (CAGR) of 11.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +43.1% | +3.1% | +15.1% |
| 2022 | +187.3% | +386.5% | +9.6% |
| 2021 | -7.1% | -53.1% | +5.9% |
| 2020 | -72.8% | -67.9% | -1.3% |
| 2019 | +32.6% | +70.5% | +3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for India Association Of Charlotte 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 India Association Of Charlotte 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 $59K, with revenue exceeding expenses.
Frequently Asked Questions about India Association Of Charlotte
Is India Association Of Charlotte a legitimate charity?
India Association Of Charlotte (EIN: 561907586) is a registered tax-exempt nonprofit based in North Carolina. It has 14 years of IRS 990 filings on record. Total revenue: $187K. No red flags identified. Financial health grade: A.
How does India Association Of Charlotte spend its money?
India Association Of Charlotte reported $187K 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 India Association Of Charlotte tax-deductible?
India Association Of Charlotte is registered as a tax-exempt nonprofit (EIN: 561907586). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is India Association Of Charlotte located?
India Association Of Charlotte is headquartered in Charlotte, North Carolina and files with the IRS under EIN 561907586. It is classified under NTEE code A23.
How many years of IRS 990 filings does India Association Of Charlotte have?
India Association Of Charlotte 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 $187K in total revenue.
Filing History
IRS 990 filing history for India Association Of Charlotte showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), India Association Of Charlotte's revenue has grown by 318.9%, moving from $43K to $179K. Total assets increased by 562.3% over the same period, from $67K to $443K. Total functional expenses rose by 244.7%, from $35K to $121K. In its most recent filing year (2023), India Association Of Charlotte reported a surplus of $59K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $179K | $121K | $443K | $0 | — | View 990 |
| 2022 | $125K | $117K | $385K | $0 | — | View 990 |
| 2021 | $44K | $24K | $351K | $0 | — | View 990 |
| 2020 | $47K | $51K | $332K | $0 | — | — |
| 2019 | $172K | $160K | $336K | $0 | — | View 990 |
| 2018 | $130K | $94K | $324K | $0 | — | View 990 |
| 2017 | $162K | $91K | $290K | $0 | — | View 990 |
| 2016 | $127K | $90K | $219K | $0 | — | View 990 |
| 2015 | $138K | $95K | $182K | $0 | — | — |
| 2014 | $99K | $84K | $138K | $0 | — | View 990 |
| 2013 | $89K | $65K | $116K | $0 | — | View 990 |
| 2012 | $67K | $47K | $92K | $0 | — | View 990 |
| 2011 | $53K | $47K | $73K | $0 | — | View 990 |
| 2010 | $43K | $35K | $67K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $179K, expenses of $121K, and assets of $443K (revenue +43.1% year-over-year).
- 2022: Revenue of $125K, expenses of $117K, and assets of $385K (revenue +187.3% year-over-year).
- 2021: Revenue of $44K, expenses of $24K, and assets of $351K (revenue -7.1% year-over-year).
- 2020: Revenue of $47K, expenses of $51K, and assets of $332K (revenue -72.8% year-over-year).
- 2019: Revenue of $172K, expenses of $160K, and assets of $336K (revenue +32.6% year-over-year).
- 2018: Revenue of $130K, expenses of $94K, and assets of $324K (revenue -19.6% year-over-year).
- 2017: Revenue of $162K, expenses of $91K, and assets of $290K (revenue +26.9% year-over-year).
- 2016: Revenue of $127K, expenses of $90K, and assets of $219K (revenue -7.9% year-over-year).
- 2015: Revenue of $138K, expenses of $95K, and assets of $182K (revenue +39.4% year-over-year).
- 2014: Revenue of $99K, expenses of $84K, and assets of $138K (revenue +12.2% year-over-year).
- 2013: Revenue of $89K, expenses of $65K, and assets of $116K (revenue +32.7% year-over-year).
- 2012: Revenue of $67K, expenses of $47K, and assets of $92K (revenue +25.9% year-over-year).
- 2011: Revenue of $53K, expenses of $47K, and assets of $73K (revenue +23.9% year-over-year).
- 2010: Revenue of $43K, expenses of $35K, and assets of $67K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for India Association Of Charlotte:
Data Sources and Methodology
This transparency report for India Association Of Charlotte 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.