Niru & Lalit Shah Charitable Foundation is a 501(c)(3) organization based in Sugar Land, Texas, registered in 2016, with $111,586 in FY2025 revenue. CharityIndex grades it C+.
Revenue (FY2025)
$112K
▲ 4.7% vs prior year
International median: $227K
Expenses (FY2025)
$3,081
Net assets
$734K
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 Niru & Lalit Shah Charitable Foundation— 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 Niru & Lalit Shah Charitable Foundation: 2858 mo reserves · +97% 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 Niru & Lalit Shah Charitable Foundation— 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 Niru & Lalit Shah Charitable Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $150K (FY2016) to $112K (FY2025) across 8 reported years.
Financial snapshot
Operating margin
97.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$734K
Total liabilities
$0
Net assets
$734K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $111,586▲4.7% | $3,081▲80.6% | $733,777▲93.6% | $733,777▲93.6% | 990 |
| 2023 | $106,607▼26.3% | $1,706▲1.0% | $379,109▲75.0% | $379,109▲75.0% | 990 |
| 2022 | $144,661▲2620% | $1,689▲22.7% | $216,636▲176% | $216,636▲176% | 990 |
| 2021 | $5,318▼33.3% | $1,376▲0.1% | $78,516▲7.0% | $78,516▲7.0% | 990EZ |
| 2020 | $7,973▼65.0% | $1,374▲4480% | $73,354▲5.9% | $73,354▲5.9% | 990EZ |
| 2018 | $22,777▲158% | $30▼99.2% | $69,292▼54.9% | $69,292▼55.3% | 990EZ |
| 2017 | $8,812▼94.1% | $3,654▲169% | $153,571▲3.5% | $154,927▲3.4% | 990EZ |
| 2016 | $149,769 | $1,356 | $148,413 | $149,769 | 990EZ |
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 Niru & Lalit Shah Charitable Foundation (EIN 81-3125249) 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.