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Filing year 2024

IIT (BHU) FOUNDATION INC

Loudonville, New York·EIN 85-3447003·NTEE B12 · Education·3
Total revenue
$1.3M
Total assets
$5.2M
Total expenses
$307k
Reported officers
6
Mission

THE FOUNDATION IS A U.S. "FRIENDS OF" ENTITY FORMED BY INDIVIDUALS WHO WISH TO ADVANCE AND SUPPORT THE WORK OF THE INDIAN INSTITUTE OF TECHNOLOGY (BANARAS HINDU UNIVERSITY, "IIT (BHU)"), A PUBLIC TECHNICAL AND RESEARCH UNIVERSITY LOCATED IN VARANASI, UTTAR PRADESH, INDIA, WHICH IS EXPECTED TO BE THE PRINCIPAL (ALTHOUGH NOT NECESSARILY EXCLUSIVE) GRANTEE OF FUNDS DISTRIBUTED BY THE ORGANIZATION.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Education organizations in New York.

CEO
25th percentile to median
$75k
$81k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 5 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at IIT (BHU) FOUNDATION INC equaled 24% of the organization's total expenses. The median for education organizations is 6%.

This organization (2024)
24%
Sector median
6%
Middle half of sector
2% to 15%

Based on 24,392 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 29%
from 2023

From $58k in 2023 to $75k in 2024.

$58k
2023
$75k
2024
In today's dollarsEst.
Up 25% in real terms$65k to $81k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 29% from 2023 to 2024, while revenue rose 9%.

$58k in 2023 to $75k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about IIT (BHU) FOUNDATION INC

What does the Chief Executive Officer of IIT (BHU) FOUNDATION INC earn?

In 2024, the Chief Executive Officer of IIT (BHU) FOUNDATION INC received $75,000 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Education organizations in New York, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at IIT (BHU) FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Education organizations in New York, the 2024 pay of the Chief Executive Officer at IIT (BHU) FOUNDATION INC falls between the 25th percentile and the median. In 2024, the highest total compensation at IIT (BHU) FOUNDATION INC equaled 24% of the organization's total expenses. The median for education organizations is 6%.

What are IIT (BHU) FOUNDATION INC's revenue and expenses?

In 2024, IIT (BHU) FOUNDATION INC reported $1.3M in total revenue and $307k in total expenses on its IRS Form 990.

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