- Revenue 2024
- $3,266,053
- Expenses 2024
- $1,147,580
Program services were 76.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- Q32
- Classification
- 2100
- Street
- 508 YALE AVE N SUITE 214
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2024
Mission
Upaya Social Ventures' mission is to create dignified jobs for people living in extreme poverty by building scalable businesses with investment and consulting support.
Activities or mission (Part I)
Upaya Social Ventures fights extreme poverty through dignified jobs. Founded in 2011, Upaya provides investment and consulting support to early-stage businesses aimed at creating jobs for people living in extreme poverty.
-
Upaya creates dignified jobs for people living in extreme poverty by building scalable businesses with investment and consulting support. Since 2011, Upaya has supported 42 small and growing businesses in India with investments and expertise. As of December 2024, Upaya partners had created 46,186 lasting and dignified jobs. In 2024, Upaya accelerated the growth of seven additional companies and selected four new partners for our investment portfolio.
Expenses $876,497 · Revenue $60,025
As filed on the 2024 return.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Kate Cochran
CEO until July 2024, Board Member
- Total calculated
- $134,375
- From this org
- $134,375
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40 + 0.5 related
-
Arumugasamy Balachandran Chakravart
Co-CEO
- Total calculated
- $85,000
- From this org
- $85,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40 + 0.5 related
-
Shruti Goel
Co-CEO
- Total calculated
- $80,000
- From this org
- $80,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40 + 0.5 related
-
Sachita Shenoy
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Richard Wardell
Chair
- Total calculated
- $0
- Hours/week
- 4
-
Parvathy Ramanathan
Vice Chair/Secretary
- Total calculated
- $0
- Hours/week
- 4
-
Nainesh Shah
Treasurer
- Total calculated
- $0
- Hours/week
- 4
-
Caroline Bressan
Board Member until June 2024
- Total calculated
- $0
- Hours/week
- 2
-
Kumar Ganapathy
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Mukund Ghangurde
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Bill Harrington
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Manoj Jain
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Yashodhra Painumkal
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Kim Rachmeler
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Caroline Norton Vance
Board Member
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $3,266,053
- Expenses
- $1,147,580
- Contributions
- $3,215,890
- Grants paid
- $0
-
2023
- Revenue
- $1,187,579
- Expenses
- $1,220,091
- Contributions
- $1,130,651
- Grants paid
- $0
-
2022
- Revenue
- $1,286,104
- Expenses
- $1,075,248
- Contributions
- $1,205,213
- Grants paid
- $42,646
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2024 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2021 · 990
- Revenue
- $857,739
- Expenses
- $864,880
- Assets (EOY)
- $2,421,996
-
2020 · 990
- Revenue
- $1,407,139
- Expenses
- $831,910
- Assets (EOY)
- $2,341,894
-
2019 · 990
- Revenue
- $947,648
- Expenses
- $642,245
- Assets (EOY)
- $1,700,916
-
2018 · 990
- Revenue
- $628,023
- Expenses
- $605,717
- Assets (EOY)
- $394,500
-
2018 · 990
- Revenue
- $1,428,023
- Expenses
- $677,789
- Assets (EOY)
- $1,016,328
-
2017 · 990
- Revenue
- $507,855
- Expenses
- $511,849
- Assets (EOY)
- $210,870
-
2016 · 990
- Revenue
- $370,457
- Expenses
- $560,831
- Assets (EOY)
- $207,795
-
2015 · 990
- Revenue
- $564,287
- Expenses
- $378,532
- Assets (EOY)
- $366,856
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.
Grants made
No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.
Grants received
-
2022 For grant recipient's exempt purposes
-
$109,262
2024 ASPEN NETWORK FOR DEVELOPMENT ENTREPRENEURS
-
2023 For grant recipient's exempt purposes
-
2024 For grant recipient's exempt purposes
-
$50,250
2023 GENERAL SUPPORT
-
$50,000
2024 ED. & HUMAN RIGHTS
-
$50,000
2022 GENERAL SUPPORT
-
DONOR ADVISED CHARITABLE GIVING
$47,600
2023 INTERNATIONAL, FOREIGN AFFAIRS
-
2023 GENERAL SUPPORT
-
2022 FOR RECIPIENT'S EXEMPT PURPOSE
The 10 largest by cash amount. The API serves every itemized grant.
Taxable family
From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.
Related corporations and trusts on its 2024 return
-
UPAYA SOCIAL VENTURES INDIA PRIVATE LIMITED
C · Economic development · IN · 99.99% owned · share of income $445,825 · share of assets $326,464 · controlled entity
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.