Overview
What is Indo-American Charity Foundation Houston?
Indo-American Charity Foundation Houston is a nonprofit organization based in Sugar Land, Texas. Their primary mission is to aid needy and low-income individuals, families, and students through scholarships and grants. They extend their support to other nonprofit organizations as well, depending on donor contributions. The foundation's activities are geared towards uplifting the less fortunate section of society, providing them with the necessary financial assistance to improve their lives.
Official website here: www.iacfhouston.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating.
The Indo-American Charity Foundation Houston has received a solid rating of 83%, which reflects strong accountability and finance practices. The charity has a 100% independent board, indicating that all members are independent, which enhances governance and decision-making. Its financial management is also commendable, with a program expense ratio of 81.25%, showing that a significant portion of its expenses goes directly towards its mission-related programs.
While the organization demonstrates many strengths, it does have some limitations in policy documentation. Specifically, it is noted that the charity does not have a whistleblower policy or a document retention and destruction policy in place. Despite these gaps, the charity has shown effective management in other areas, such as maintaining a low liabilities to assets ratio of 0.00%, which is a positive indicator of financial health. Overall, the organization appears to be a reliable option for donors looking to support its initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Indo-American Charity Foundation Houston legitimate?
Indo-American Charity Foundation Houston is a legitimate nonprofit organization registered as a 501(c)(3) entity. Indo-American Charity Foundation Houston submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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Official website here: www.iacfhouston.com
What is the mission statement of Indo-American Charity Foundation Houston?
The Indo-American Charity Foundation's mission is centered around providing assistance to those in need, specifically low-income individuals, families, and students. They achieve this by distributing scholarships and grants to various non-profit organizations. This charitable work is carried out on an ongoing basis, contingent upon the contributions received from donors. The foundation's objective is to make a significant impact in the lives of the less fortunate, thereby contributing to a more equitable society.
Official website here: www.iacfhouston.com
Who is the CEO of Indo-American Charity Foundation Houston?
Joseph Ellankil is the President of Indo-American Charity Foundation Houston.
Official website here: www.iacfhouston.com
What is the revenue of Indo-American Charity Foundation Houston?
Indo-American Charity Foundation Houston's revenue in 2022 was $21,532.
Official website here: www.iacfhouston.com
Who are the executives of Indo-American Charity Foundation Houston and what are their salaries?
There 19 volunteers at Indo-American Charity Foundation Houston.
Here are 19 key members and their salaries:
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Official website here: www.iacfhouston.com
Where can I find the form 990 for Indo-American Charity Foundation Houston?
Indo-American Charity Foundation Houston's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.iacfhouston.com
Learn more at the official website: www.iacfhouston.com
Mission Statement of Indo-American Charity Foundation Houston
The Indo-American Charity Foundation Houston is dedicated to aiding those in need, specifically low-income individuals, families, and students. They accomplish this mission by granting scholarships and providing financial assistance to other non-profit organizations on an ongoing basis, subject to the contributions of their donors. This philanthropic organization is committed to making a difference in the lives of the less fortunate, offering a helping hand when it is needed most.
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Impact
August, 2024
Indo-American Charity Foundation Houston's impact lies in helping the needy and low-income individuals, families, and students through scholarships and grants to other nonprofit organizations. Their ongoing efforts depend on donor contributions and focus on providing support to those in need. The organization's mission is to make a difference in the lives of those facing hardships, particularly in the realm of human services.
This information is meant to be a general summary of Indo-American Charity Foundation Houston. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $54
- Gross Receipts: $21,532
Assets and Liabilities:
- Total Assets: $284,013
- Total Liabilities: $0
- Net Assets: $284,013
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Organization Details
Founding Year
1991
Phone
(408) 306-0807Principal Officer
Joseph Ellankil
Main Address
PO BOX 18184, SUGAR LAND, TX, 774968184
Website
www.iacfhouston.comNTEE Category
Code: P20 - Human services
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