I Chera & Sons Foundation Inc
501(c)(3)
Only null% goes to programs Strong reserves
I Chera & Sons Foundation Inc is a 501(c)(3) organization based in New York, New York, registered in 1987, with $29,900 in FY2024 revenue. CharityIndex grades it C+.
362 5th Ave 9th Floor, New York, NY, 10001 EIN 11-2721393 Since 1987
Revenue (FY2024)
$30K
▼ 46.6% vs prior year
Expenses (FY2024)
$30K
Net assets
$3.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for I Chera & Sons Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating1246 mo reserves · -1% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For I Chera & Sons Foundation Inc: 1246 mo reserves · -1% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for I Chera & Sons Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For I Chera & Sons Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $5.1M (FY2013) to $30K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $3.1M
Operating margin
-0.6%
Spent more than it raised in the latest fiscal year.
Total assets
$3.1M
Total liabilities
$0
Net assets
$3.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $29,900▼46.6% | $30,092▼46.0% | $3,125,541 | $3,125,541 | 990PF |
| 2023 | $56,041▼81.3% | $55,677▼81.5% | $3,125,733 | $3,125,733 | 990PF |
| 2022 | $300,000 | $301,041 | $3,125,369 | $3,125,369 | 990PF |
| 2021 | $0▼100% | $0▼100% | $3,126,410 | $3,126,410 | 990PF |
| 2020 | $34,000▼97.2% | $14,803▼98.1% | $3,126,410▲0.6% | $3,126,410▲0.1% | 990PF |
| 2019 | $1,212,644▼43.3% | $772,519▼63.8% | $3,107,213▲16.5% | $3,123,569▲3.5% | 990PF |
| 2018 | $2,137,514▼62.4% | $2,134,257▼61.6% | $2,667,088▲0.1% | $3,018,175▲3.6% | 990PF |
| 2017 | $5,690,069▲182% | $5,556,018▲16.1% | $2,663,831▲5.3% | $2,913,831▲3.0% | 990PF |
| 2016 | $2,019,294▼54.3% | $4,784,699▲76.4% | $2,529,780▼52.2% | $2,828,226▼46.6% | 990PF |
| 2015 | $4,415,959▲120% | $2,712,369▼41.0% | $5,295,185▲47.4% | $5,295,185▲47.4% | 990PF |
| 2014 | $2,008,632▼60.9% | $4,596,967▲115% | $3,591,595▼41.9% | $3,591,595▼42.5% | 990PF |
| 2013 | $5,136,375 | $2,133,896▲327% | $6,179,930▲94.5% | $6,245,033▲92.0% | 990PF |
| 2012 | — | $500,251 | $3,177,451 | $3,252,436 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is I Chera & Sons Foundation Inc a legitimate nonprofit?
- Yes. I Chera & Sons Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 11-2721393, based in New York, New York.
- What is I Chera & Sons Foundation Inc's EIN?
- I Chera & Sons Foundation Inc's Employer Identification Number (EIN) is 11-2721393.
- How much revenue does I Chera & Sons Foundation Inc report?
- I Chera & Sons Foundation Inc reported $29,900 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does I Chera & Sons Foundation Inc have?
- CharityIndex grades I Chera & Sons Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for I Chera & Sons Foundation Inc (EIN 11-2721393) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.