Mulchand & Parpati Thadmani Foundation Inc is a 501(c)(3) organization based in Ossining, New York, registered in 2021, with $2,245,382 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$2.2M
▲ 142.4% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$909K
Net assets
$10.4M
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 Mulchand & Parpati Thadmani 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 →
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 Mulchand & Parpati Thadmani Foundation Inc: 138 mo reserves · +60% margin earns a B+ 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 Mulchand & Parpati Thadmani 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 →
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 Mulchand & Parpati Thadmani Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $1,508 (FY2018) to $2.2M (FY2024) across 7 reported years.
Financial snapshot
Operating margin
59.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$10.5M
Total liabilities
$29K
Net assets
$10.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,245,382▲142% | $909,085▲2.2% | $10,428,611▲38.4% | $10,457,340▲38.8% | 990PF |
| 2023 | $926,481▼81.7% | $889,632▲104% | $7,535,061▲8.6% | $7,535,061▲8.6% | 990PF |
| 2022 | $5,069,639▲398% | $436,662▲29.8% | $6,936,113▲201% | $6,936,113▲201% | 990PF |
| 2021 | $1,017,375▼36.7% | $336,335▲7212% | $2,303,136▲42.0% | $2,303,136▲42.0% | 990PF |
| 2020 | $1,605,997▲85325% | $4,600▼33.2% | $1,622,096▲7737% | $1,622,096▲7737% | 990PF |
| 2019 | $1,880▲24.7% | $6,888▲3089% | $20,699▼19.5% | $20,699▼19.5% | 990PF |
| 2018 | $1,508 | $216▼99.3% | $25,707▼42.5% | $25,707▼43.3% | 990PF |
| 2012 | — | $31,492▼23.0% | $44,694▼10.5% | $45,371▼10.3% | 990PF |
| 2011 | — | $40,894▲163% | $49,916▼36.9% | $50,593▼36.6% | 990PF |
| 2010 | — | $15,540▲7.3% | $79,159▼2.0% | $79,835▼2.0% | 990PF |
| 2009 | — | $14,486 | $80,753 | $81,429 | 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.
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Data for Mulchand & Parpati Thadmani Foundation Inc (EIN 13-4126170) 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.