Arts, Culture & Humanities
(A23)
990 on File
INDIA ASSOCIATION OF CHARLOTTE
Financial strength (30%)
76/100
Reliability (20%)
55/100
Effectiveness (25%)
61/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$179K
Total Revenue
$121K
Total Expenses
$443K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
95.3%
Fundraising Efficiency
N/A
Operating Reserve
44.03x
Liability-to-Asset
0.0%
Revenue Diversification
46.3%
Compared with Peers
FY 2023
Compared with 16,962 similar organizations
(United States, Arts, Culture & Humanities, $100K–$1M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
95.3% | 81.8% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
44.0 mo | 10.4 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 1.9% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
46.3% | 79.8% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
43.1% | 9.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
3.1% | 13.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
32.7% | 1.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $179K | $121K | $443K | 95.3% | — |
| 2022 | $125K | $117K | $385K | 94.3% | — |
| 2021 | $78K | $24K | N/A | — | 1 |
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