Indiana Falun Dafa Association Incorporated

Analysis

Indiana Falun Dafa Association Incorporated is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in January 2009, 17 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 April 2024, Indiana Falun Dafa Association Incorporated reported income of $508k and spending of $495k, spending 98% of its income. Across the 5 years on record, from April 2020 to April 2024, income fell from $510k to $508k (-0.4%), an average of -0.1% a year. The sharpest change came in the year to April 2021, when income dropped by 100%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Indiana Falun Dafa Association Incorporated sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within IN. Charities of a similar size with the same main cause include Science & Discovery Center of Northwest Florida Inc ($508k), Santa Ynez Valley Historical Society ($508k) and Central Music Academy Inc ($508k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. At year end it held assets of $191k against liabilities of $165k, net assets of $25k.