India Heritage Foundation
India Heritage Foundation shows consistent asset growth and no executive compensation over a decade.
EIN: 201722833 · Dublin, OH · NTEE: X70 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $1.1M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $4.8M |
| Transparency Score | 92/100 |
Is India Heritage Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
India Heritage Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About India Heritage Foundation
India Heritage Foundation (EIN: 201722833) is a nonprofit organization based in Dublin, OH, classified under NTEE code X70. The organization reported total revenue of $2.3M and total assets of $6.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of India Heritage Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
India Heritage Foundation is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 18.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$685K |
| Total Assets | $5.3M |
| Total Liabilities | $486K |
| Net Assets | $4.8M |
| Operating Margin | 39.3% |
| Debt-to-Asset Ratio | 9.2% |
| Months of Reserves | 59.9 months |
Financial Health Grade: A
In 2023, India Heritage Foundation reported a surplus of $685K with revenue exceeding expenses, holds 59.9 months of operating reserves (strong position), has a debt-to-asset ratio of 9.2% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2023), India Heritage Foundation's revenue has grown at a compound annual growth rate (CAGR) of 18.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +77.6% | +60.3% | +12.1% |
| 2022 | -17.1% | +39.7% | +6.5% |
| 2021 | +40.5% | -24.4% | +19.8% |
| 2020 | -5.8% | +26.2% | -2.0% |
| 2019 | -23.7% | -46.1% | -3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| 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 India Heritage Foundation 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, India Heritage Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 surplus of $685K, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based, which is highly unusual for an organization of its size with assets exceeding $5 million.
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.
Strengths
The following positive indicators were identified for India Heritage Foundation:
- Consistent asset growth, from $1.7M in 2014 to $5.2M in 2023.
- Zero officer compensation reported across all 13 filings, indicating volunteer leadership.
- Strong financial stability with liabilities decreasing significantly from $1.6M in 2017 to $485K in 2023.
- Revenue consistently exceeding expenses, allowing for reinvestment and growth.
- Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance.
Frequently Asked Questions about India Heritage Foundation
Is India Heritage Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, India Heritage Foundation (EIN: 201722833) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does India Heritage Foundation spend its money?
India Heritage Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to India Heritage Foundation tax-deductible?
India Heritage Foundation is registered as a tax-exempt nonprofit (EIN: 201722833). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the India Heritage Foundation CEO make?
India Heritage Foundation's highest-compensated officer earns $5 annually. The organization reported $2.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of India Heritage Foundation's spending goes to programs?
India Heritage Foundation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does India Heritage Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), India Heritage Foundation is above average for NTEE category X70 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is India Heritage Foundation located?
India Heritage Foundation is headquartered in Dublin, Ohio and files with the IRS under EIN 201722833. It is classified under NTEE code X70.
How many years of IRS 990 filings does India Heritage Foundation have?
India Heritage Foundation 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 $2.3M in total revenue.
Is India Heritage Foundation a good charity?
Based on the provided financial data, India Heritage Foundation appears to be a good charity. It demonstrates strong financial health, consistent asset growth, and a remarkable commitment to volunteer leadership with 0% officer compensation reported across all filings.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over time. Assets have grown from $1,734,488 in 2014 to $5,276,190 in 2023, and liabilities have generally decreased from a peak of $1,685,452 in 2016 to $485,574 in 2023, indicating increased stability.
What is the trend in revenue and expenses?
Revenue has shown an overall upward trend, albeit with fluctuations, from $613,269 in 2014 to $1,742,098 in 2023. Expenses have also increased but generally remain well below revenue, allowing for consistent net positive income and asset accumulation.
Filing History
IRS 990 filing history for India Heritage Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2023), India Heritage Foundation's revenue has grown by 538.8%, moving from $273K to $1.7M. Total assets increased by 3279.4% over the same period, from $156K to $5.3M. Total functional expenses rose by 285%, from $275K to $1.1M. In its most recent filing year (2023), India Heritage Foundation reported a surplus of $685K, with revenue exceeding expenses. The organization holds $486K in liabilities against $5.3M in assets (debt-to-asset ratio: 9.2%), resulting in net assets of $4.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $1.1M | $5.3M | $486K | — | — |
| 2022 | $981K | $660K | $4.7M | $613K | — | View 990 |
| 2021 | $1.2M | $472K | $4.4M | $645K | — | View 990 |
| 2020 | $841K | $625K | $3.7M | $625K | — | View 990 |
| 2019 | $893K | $495K | $3.8M | $917K | — | View 990 |
| 2018 | $1.2M | $920K | $3.9M | $1.4M | — | View 990 |
| 2017 | $2.0M | $1.2M | $3.7M | $1.6M | — | View 990 |
| 2016 | $1.2M | $771K | $3.0M | $1.7M | — | View 990 |
| 2015 | $1.0M | $596K | $2.3M | $1.5M | — | View 990 |
| 2014 | $613K | $426K | $1.7M | $1.3M | — | View 990 |
| 2013 | $446K | $256K | $1.9M | $1.6M | — | View 990 |
| 2012 | $194K | $128K | $170K | $70K | — | View 990 |
| 2012 | $273K | $275K | $156K | $123K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $1.1M, and assets of $5.3M (revenue +77.6% year-over-year).
- 2022: Revenue of $981K, expenses of $660K, and assets of $4.7M (revenue -17.1% year-over-year).
- 2021: Revenue of $1.2M, expenses of $472K, and assets of $4.4M (revenue +40.5% year-over-year).
- 2020: Revenue of $841K, expenses of $625K, and assets of $3.7M (revenue -5.8% year-over-year).
- 2019: Revenue of $893K, expenses of $495K, and assets of $3.8M (revenue -23.7% year-over-year).
- 2018: Revenue of $1.2M, expenses of $920K, and assets of $3.9M (revenue -41.3% year-over-year).
- 2017: Revenue of $2.0M, expenses of $1.2M, and assets of $3.7M (revenue +65.3% year-over-year).
- 2016: Revenue of $1.2M, expenses of $771K, and assets of $3.0M (revenue +19.1% year-over-year).
- 2015: Revenue of $1.0M, expenses of $596K, and assets of $2.3M (revenue +65.2% year-over-year).
- 2014: Revenue of $613K, expenses of $426K, and assets of $1.7M (revenue +37.5% year-over-year).
- 2013: Revenue of $446K, expenses of $256K, and assets of $1.9M (revenue +129.8% year-over-year).
- 2012: Revenue of $194K, expenses of $128K, and assets of $170K (revenue -28.9% year-over-year).
- 2012: Revenue of $273K, expenses of $275K, and assets of $156K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for India Heritage Foundation:
Data Sources and Methodology
This transparency report for India Heritage 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.