CHARITY FOR IMPOVERISHED INC

EIN: 822920307 501(c)(3) Human Services

GREAT FALLS, VA

Total Revenue
$100,197
Total Expenses
$256,389
Total Assets
$34,584
Net Assets
$34,584
🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
VA
Principal Officer
ASHOK GOYAL PRESIDENT
Phone
2023743599
Tax Period
2025-01-01 to 2025-12-31

CHARITY FOR IMPOVERISHED INC, founded in 2017, is a small nonprofit in the Human Services sector that reported $226K in total revenue in fiscal year 2023. Expenses of $206K left a modest 9% surplus.

Mission

FOOD CLOTHING AND MEDICINE FOR THE POOR AND THE NEEDY. THE ORGANIZATION EXTENDS HELPING HAND TO THE POOR AND THE NEEDY TO ATTAIN THESE BASIC NECESSITIES.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $95,000
Program Service Revenue $0
Investment Income $5,197
Other Revenue $0
TOTAL REVENUE $100,197

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $256,389
Other Expenses $256,389
TOTAL EXPENSES $256,389

Year-over-Year Comparison

2025 2024 Change
Revenue $100,197 $100,197 N/A
Expenses $256,389 N/A N/A
Net Income $-156,192 $100,197 -2.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ASHOK GOYAL PRESIDENT 25.00
Officer
$0 $0 $0
ASHWIN GOYAL SECRETARY 20.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $100,197 $256,389 $34,584 $-156,192
2024 No data No data No data No data
2023 $225,783 $205,669 $64,556 $20,114
Explore More Nonprofits
→Top 100 Nonprofits in Virginia →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare CHARITY FOR IMPOVERISHED INC with other nonprofits in Virginia and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.