Andrean Foundation Inc

Analysis

Andrean Foundation Inc is a registered charity in United States, based in Merrillville, IN. It received its IRS tax-exemption ruling in January 1973, 53 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 December 2023, Andrean Foundation Inc reported income of $202k and spending of $54k, leaving 73% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $80k to $202k (+152%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 142%. Over the whole period it spent 60% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Andrean Foundation Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within IN. Charities of a similar size with the same main cause include LA Luz Education ($202k), Hollidaysburg Area Summer Baseball League ($202k) and Children First Foundation ($201k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $1.0m against liabilities of $96k, net assets of $906k.