Mission
FACILITATING INTERNATIONAL CHARITABLE DONATIONS TO SUPPORT URGENT AND HIGH-IMPACT NEEDS IN INDIA, INCLUDING HEALTHCARE, EDUCATION, LIVELIHOODS, AND SOCIAL WELFARE, BY ENABLING U.S. DONORS TO GIVE TO VETTED CAUSES THROUGH MILAAP.ORG.
Public Charity
ASSET INDIA FOUNDATION
Based in Jersey City, NJ, ASSET INDIA FOUNDATION operates as a Public Charity. The organization reported $1.6M in revenue, $1.9M in expenses, $510K in total assets for fiscal year 2025. Imperigo tracks 23 reported grant relationships connected to this organization totaling approximately $1.3M.
EIN: 205139364
Jersey City, NJ
International Relief
NTEE: Q33
Latest filing: 2025
Total Revenue$1.6M
Total Expenses$1.9M
Total Assets$510K
Grant Records23
Funding Total$1.3M
Filing Years2021–2025
Where $100 goes at Asset India Foundation
How Asset India Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$100
Programs
the work itself
<$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $100 for programs
$100
Facilitating Cross-Border Giving for Urgent Charitable Needs in India Enabled U.S.-based donors to contribute to urgent and high-impact causes in India through the Milaap.org platform
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
GENERAL SUPPORT
$39,561
GENERAL SUPPORT
$245,335
GENERAL SUPPORT
$245,335
For grant recipient's exempt purposes
$61,452
INTERNATIONAL, FOREIGN AFFAIRS
$9,801
Showing up to 5 of 23 total records — full history available with membership.
Officers & Directors
DIRECTOR
Nita Umashankar
EXECUTIVE DIRECTOR
Ramon Umashankar
DIRECTOR
Sue Umashankar
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $1.6M | $1.9M | $510K |
| 2024 | $698K | $208K | $840K |
| 2023 | $4.8M | $4.7M | $77K |
| 2022 | $63K | $73K | — |
| 2021 | $539K | $538K | $10K |
Between 2021 and 2025, reported annual revenue grew from $539K to $1.6M (+197%), with total assets most recently reported at $510K.
Interactive year-over-year charts and full filing details available with membership.