University of Southern Indiana Foundation Inc

Analysis

University of Southern Indiana Foundation Inc is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in November 1969, 57 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, University of Southern Indiana Foundation Inc reported income of $9.8m and spending of $6.6m, leaving 33% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $10.8m to $9.8m (-9.4%), an average of -2.4% a year. The sharpest change came in the year to June 2023, when income dropped by 52%. Over the whole period it spent 44% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Southern Indiana Foundation Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within IN. Charities of a similar size with the same main cause include Tech Freire Charter School ($9.8m), Nashoba Brooks School of Concord ($9.8m) and Presbyterian Christian School ($9.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 30% of the total. At year end it held assets of $180.6m against liabilities of $1.8m, net assets of $178.8m.