Public Charity

Indian American Business Impact Group Foundation

Indian American Business Impact Group Foundation, of McLean, VA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $1.5M in revenue, $216K in expenses, $1.5M in total assets. 9 publicly reported grants to this organization, totaling roughly $253K, appear in IRS filings.

EIN: 932110123 McLean, VA Latest filing: 2024
Total Revenue$1.5M
Total Expenses$216K
Total Assets$1.5M
Grant Records9
Funding Total$253K
Filing Years2023–2024

Mission

The mission of Indian American Business Impact Group (IAMBIG) is to be a platform for Indian American and other ethnic business owners and to promote the next generation of local business leaders,Women entreprenuership and youth entreprenuership in the DC,Maryland and VA area.

Officers & Directors

Director Anil Sharma
Director Ashish Khot
Director Ravi Puli
Founder Sandesh Sharda

Officer compensation and complete director data available with membership.

Top Grant Purposes

PUBLIC, SOCIETAL BENEFIT
$130,000 3 grants
For grant recipient's exempt purposes
$50,100 2 grants
UNRESTRICTED GENERAL SUPPORT
$32,500 1 grant
GENERAL OPERATING SUPPORT
$25,000 1 grant
GENERAL SUPPORT
$7,900 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $1.5M $216K $1.5M
2023 $163K $1K $161K

Between 2023 and 2024, reported annual revenue grew from $163K to $1.5M (+820%), with total assets most recently reported at $1.5M.

Interactive year-over-year charts and full filing details available with membership.

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