Nonprofit screen
Screen a listIit Madras Foundation
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Registered
- Charity type
- 509(a)(1)
$14Mrevenue
FY2025 · +240% in 3 yrs1staff
8 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin−61.6%
Months of reserve4.0mo
Revenue growth (annualized)+22.8%
Middle half of peersMedianIit Madras
Where the money goes FY2025 · $23M spent
Programs$22M98%Management and general$267k1%Fundraising$142k1%990 FY2025 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$1.0M in FY2024 and −$8.7M in FY2025. Cash covers 4.0 months, above the peer median of 1.8.
990 Part I and balance sheetIn its favor2
Strong governance
13 of 13 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 23% a year since FY2017, in the top quarter of similar nonprofits.
990 Part I · peer cohort40funders
$2.3Ma year, last 3 years
17%from its largest funder
Funder’17’18’19’20’21’22’23Dhanam FoundationSince FY2019$50k$100k$450k$350k$350kLakshan Foundation IncOn and off$600k$450kIitmaanaOn and off$409kMeena Duggirala FoundationStopped after FY2021$50k$50k$50k$50k$138k–The Six Four FoundationOn and off$300kRadheyaNew in FY2023$250kDonor-advised giftsDonors not disclosed$1.8M$631k$1.6M$2.0M$973k$1.1M$1.8M14 other fundersUp to $125k a year each$129k$1k$68k$189k$276k$145k
FundedThrough a donor-advised fundStopped