Radius Indiana Inc

Analysis

Radius Indiana Inc is a registered charity in United States, based in Bedford, IN. It received its IRS tax-exemption ruling in June 2010, 16 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2022, Radius Indiana Inc reported income of $1.6m and spending of $1.9m, spending 122% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $4.3m to $1.6m (-64%), an average of -29% a year. The sharpest change came in the year to December 2020, when income dropped by 71%. Over the whole period it spent 79% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Radius Indiana Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within IN. Charities of a similar size with the same main cause include College Hill Community Urban Redevelopment Corporation ($1.6m), Sustainability Institute Inc ($1.6m) and South Dakota State Fair Foundation ($1.6m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $400k. At year end it held assets of $6.8m against liabilities of $34k, net assets of $6.7m. It reported 9 employees.