philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Niru & Lalit Shah Charitable Foundation FY2024 filing

Tax-deductible

Sugar Land, TX501(c)(3)International EIN 81-3125249Revenue $109K in FY2024Latest return filed Apr 10, 2026

On file with the IRS5507 Lockwood Bend Ln, 77479-4661 · Sugar Land, TXTax-exempt since Dec 2016Publicly supported charity — 170(b)(1)(A)(vi)

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

To make Charitable donation to support Charitable, religious, educational and environmental purpose

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 4
filings with a surplus
Average surplus $112K a year · 95% of revenue · last 4 filings
Looks good: a surplus in 4 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$109K
+3% vs prior year
Spent
$18K
To programs
100%
Net assets
$552K
By yearFY2020–FY2025
Revenue
$109K
FY2024▲ +3%
Tap a bar for its year
Revenue by fiscal year
FY2020$8K
FY2021$5K
FY2022$145K
FY2023$107K
FY2024$109K
FY2025$112K
Expenses
$18K
FY2024▲ ×10
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021Not on file
FY2022$2K
FY2023$2K
FY2024$18K
FY2025$3K
Net assets
$552K
FY2024▲ +46%
Tap a bar for its year
Net assets by fiscal year
FY2020$73K
FY2021$79K
FY2022$217K
FY2023$379K
FY2024$552K
FY2025$734K

From the FY2024 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 2016.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $18K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Neel Lalit Shah
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
See Niru & Lalit Shah Charitable Foundation executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides charitable donations for religious, educational, and environmental causes.

Questions for Niru & Lalit Shah Charitable Foundation

Tap to ask. Niru & Lalit Shah Charitable Foundation sees how many people are interested.

Your first name shows with your question. Niru & Lalit Shah Charitable Foundation answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $18K · in their own filed words · FY2024
01

Contributions made to other Non profit organizations to achieve tehir rspective goals

$18Kprogram expense

By the numbers

The FY2024 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$109K
Ln 12
Gifts and grantsLn 1h$101K
Investment incomeLn 3$9K
Money outPt IX
$18K
Ln 25
Programscol B$18K
Owns and owesPt X
$552K
net assets · Ln 32
Total assetsLn 16$552K
LiabilitiesLn 26$0
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$101K
Noncash giftsLn 1g$100K
Investment incomeLn 3$9K
Total revenueLn 12$109K
Assets in detailPt X, end of year
InvestmentsLn 11–13$552K
Total assetsLn 16$552K
LiabilitiesLn 26$0
Net assetsLn 32$552K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3More from this return
Abroad and in kindSch F, M
Noncash gifts receivedSch M Pt I$100K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
InvestmentsLn 11–13$379K$552K
Total assetsLn 16$379K$552K
LiabilitiesLn 26$0$0
Net assetsLn 32$379K$552K
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$17K$17K
Accounting feesLn 11c$400$400
Total functional expensesLn 25$18K$18K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Apr 10, 2026 $112K$3K$109K$734K 990 PDF
FY2024 ViewingFiled with the IRS Oct 1, 2025 $109K$18K$92K$552K 990 PDF
FY2023Filed with the IRS May 13, 2024 $107K$2K$105K$379K 990 PDF
FY2022Filed with the IRS May 1, 2023 $145K$2K$143K$217K 990 PDF
FY2021Filed with the IRS Oct 12, 2022 $5K$79K 990 PDF
FY2020Filed with the IRS May 10, 2021 $8K$73K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $109,402 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $102,378$100,523
I-9 Program service revenue$0
I-10 Investment incomePrior year $4,229$8,879
I-11 Other revenue$0
I-12 Total revenuePrior year $106,607$109,402
I-13 Grants and similar amounts paidPrior year $1,256$17,437
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $450$400
I-18 Total expensesPrior year $1,706$17,837
I-19 Revenue less expensesPrior year $104,901$91,565
Part VI · Governance 3 of 3 board members independent, 5 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
Part VIII · Statement of revenue $109,402 across 6 lines filed
VIII-1f All other contributions, gifts and grants$100,523
VIII-1g Noncash contributions (included above)$100,093
VIII-1h Total contributions, gifts and grants$100,523
VIII-3 Investment incomeRelated to mission $8,879$8,879
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $8,879 · Unrelated business $0 · Excluded from tax $0$109,402
Part IX · Statement of functional expenses $17,837 across 2 lines filed
IX-1 Grants to domestic organizationsPrograms $17,437$17,437
IX-11c Accounting feesPrograms $400$400
IX-25 Total functional expensesPrograms $17,837 · Management $0 · Fundraising $0$17,837
Part X · Balance sheet $552,328 assets, 6 lines filed
X-11 Publicly traded securitiesStart of year $379,109$552,328
X-16 Total assetsStart of year $379,109$552,328
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $379,109$552,328
X-32 Total net assets or fund balancesStart of year $379,109$552,328
X-33 Total liabilities and net assetsStart of year $379,109$552,328
Part XI · Reconciliation of net assets $552,328 net assets at year end
XI-1 Total revenue$109,402
XI-2 Total expenses$17,837
XI-3 Revenue less expenses$91,565
XI-4 Net assets at start of year$379,109
XI-5 Net unrealized gains (losses) on investments$81,654
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$552,328

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.