Upakar The Indo-American Community Foundation Inc

Organization Overview

Upakar The Indo-American Community Foundation Inc is located in Gaithersburg, MD. The organization was established in 1997. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Upakar The Indo-American Community Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Upakar The Indo-American Community Foundation Inc generated $83.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $50.5k during the year ending 12/2022. While expenses have increased by 1.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3

GRANTED 22 SCHOLARSHIPS AT 2,000 PER SCHOLAR AND 1 SCHOLARSHIP AT 1,920 AND 1 SCHOLARSHIP AT 250


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$74,270
Total Program Service Revenue$0
Membership dues$0
Investment income $2,527
Gain or Loss$6,322
Net Income from Gaming & Fundraising$0
Other Revenue$66
Total Revenue$83,185

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