Indo-American Charity Foundation Of Houston Inc
- Assets
- $284.0k
- Revenue
- $21.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Sugar Land, TX
- Founding
- 01/1994
- Data as of
- 12/2022
- EIN
- 76-0337936
Organization Overview
Indo-American Charity Foundation Of Houston Inc is located in Sugar Land, TX. The organization was established in 1994. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indo-American Charity Foundation Of Houston 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, Indo-American Charity Foundation Of Houston Inc generated $21.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (13.8%) each year. All expenses for the organization totaled $44.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (9.3%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Indo-American Charity Foundation Of Houston Inc has awarded 11 individual grants totaling $132,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
HELP THE NEEDY AND LOW INCOME INDIVIDUAL, FAMILY AND STUDENTS VIA SCHOLARSHIP AND GRANTS TO OTHER NON PROFIT ORGANIZATIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
HELP THE NEEDY AND LOW INCOME INDIVIDUAL, FAMILY AND STUDENTS VIA SCHOLARSHIP AND GRANTS TO OTHER NON PROFIT ORGANIZATIONS ON ONGOING BASIS DEPENDING UPON DONOR CONTRIBUTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rajesh Dikonda President | OfficerTrustee | 4 | $0 |
Shobhana Muratee Secretary | OfficerTrustee | 3 | $0 |
Pankaj Rana President-Elect | OfficerTrustee | 3 | $0 |
Ven Bontha Director | Trustee | 1 | $0 |
Joseph Zenith Ellankil Immediate Past President | Trustee | 3 | $0 |
Hasu D Patel Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $21,478 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,478 |
| Total Program Service Revenue | $0 |
| Investment income | $54 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $21,532 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,498 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,454 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $36,896 |
| Total functional expenses | $44,848 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $79,736 |
| Savings and temporary cash investments | $204,277 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $284,013 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $284,013 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $284,013 |
Grants Awarded
Over the last fiscal year, Indo-American Charity Foundation Of Houston Inc has awarded $10,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Bellaire, TX | | $5,000 |
INDIAN DOCTOR'S CHARITY CLINIC | | | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Indo-American Charity Foundation Of Houston Inc has recieved totaling $173,654.
| Awarding Organization | Amount |
|---|---|
The Blackbaud Giving Fund Charleston, SC PURPOSE: GENERAL SUPPORT | $86,827 |
The Blackbaud Giving Fund Charleston, SC PURPOSE: GENERAL SUPPORT | $86,827 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Families & Youth Inc Las Cruces, NM | $11,381,645 | $11,555,132 |
Lawrence Hall Health & Rehabilitation Walnut Ridge, AR | $6,640,497 | $11,158,374 |
Central Texas Opportunities Inc Coleman, TX | $2,982,785 | $9,804,598 |
Cross Creek Ranch Community Association Pipe Creek, TX | $12,075,216 | $10,341,783 |
Santa Maria El Mirador Santa Fe, NM | $9,562,818 | $9,385,452 |
Gulf Coast Housing Partnership Inc New Orleans, LA | $98,649,840 | $19,557,129 |
St Mary Community Action Committee Assn Inc Franklin, LA | $7,542,840 | $9,452,214 |
Yes On 805 Inc Oklahoma City, OK | $75,415 | $8,941,808 |
Economic Council Helping Others Inc Farmington, NM | $2,557,236 | $9,151,934 |
Food Bank Of Northeast Louisiana Inc Monroe, LA | $10,830,084 | $9,777,150 |
El Paso Human Services Inc El Paso, TX | $2,048,465 | $8,690,274 |
La Esperanza Clinic Inc San Angelo, TX | $7,768,382 | $8,258,391 |