Economic Club of Indiana Inc

Analysis

Economic Club of Indiana Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in August 1974, 52 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Economic Club of Indiana Inc reported income of $310k and spending of $338k, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $386k to $310k (-20%), an average of -5.4% a year. The sharpest change came in the year to June 2022, when income rose by 65%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Economic Club of Indiana Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within IN. Charities of a similar size with the same main cause include Florida Transportation Buildersassociation Scholarship Fund Inc ($310k), Shidler College of Business Alumni Association ($310k) and Lux Classical Christian Inc ($310k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 15% of the total. At year end it held assets of $831k against liabilities of $26k, net assets of $805k.