Indo-american Pharmaceutical Society Inc is a 501(c)(6) organization based in Paramus, New Jersey, registered in 1989, with $78,117 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$78K
▼ 44.8% vs prior year
Health median: $840K
Expenses (FY2024)
$105K
Net assets
$743K
Employees
—
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 Indo-american Pharmaceutical Society Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Indo-american Pharmaceutical Society Inc: 85 mo reserves · -34% margin earns a D on this criterion. See the exact thresholds →
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 Indo-american Pharmaceutical Society Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Indo-american Pharmaceutical Society Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $184K (FY2013) to $78K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-33.9%
Spent more than it raised in the latest fiscal year.
Total assets
$744K
Total liabilities
$1,212
Net assets
$743K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $78,117▼44.8% | $104,623▲7.2% | $742,753▼3.9% | $743,965▼3.8% | 990 |
| 2023 | $141,513▲106% | $97,577▲24.3% | $772,760▲6.0% | $773,391▲6.0% | 990 |
| 2022 | $68,778▲187% | $78,517▲33.8% | $728,825▼1.4% | $729,440▼1.4% | 990 |
| 2021 | $24,000▼60.3% | $58,664▲117% | $738,856▼4.5% | $739,467▼4.4% | 990 |
| 2020 | $60,455▲3.1% | $26,976▼71.8% | $773,521▲4.5% | $773,521▲4.5% | 990 |
| 2019 | $58,655▼72.9% | $95,769▼28.1% | $740,041▼4.8% | $740,041▼4.8% | 990 |
| 2018 | $216,218▲95.3% | $133,250▼6.9% | $777,154▲12.0% | $777,154▲12.0% | 990 |
| 2017 | $110,687▼30.9% | $143,114▲14.9% | $694,174▼4.5% | $694,174▼4.5% | 990 |
| 2016 | $160,237▲1.8% | $124,502▲9.6% | $726,601▲5.2% | $726,601▲5.2% | 990 |
| 2015 | $157,408▼32.8% | $113,573▲12.9% | $690,865▲6.8% | $690,865▲6.8% | 990 |
| 2014 | $234,188▲27.6% | $100,640▲82.5% | $647,031▲26.0% | $647,031▲26.0% | 990 |
| 2013 | $183,577 | $55,137▼26.1% | $513,483▲33.4% | $513,483▲33.4% | 990 |
| 2012 | — | $74,595 | $385,043 | $385,043 | 990 |
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.
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Data for Indo-american Pharmaceutical Society Inc (EIN 22-2916788) 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.