Aspire Indiana Housing Inc

Analysis

Aspire Indiana Housing Inc is a registered charity in United States, based in Carmel, IN. It received its IRS tax-exemption ruling in April 2013, 13 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Aspire Indiana Housing Inc reported income of $398k and spending of $375k, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $379k to $398k (+4.9%), an average of +1.2% a year. Over the whole period it spent 88% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Aspire Indiana Housing Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within IN. Charities of a similar size with the same main cause include Urban Soil Tierra Urbana ($398k), United Church Residences of Corinth Mississippi Inc ($398k) and Lighthouse Living Centers No 2 Incorporated ($397k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. Other salaries and wages came to $55k. At year end it held assets of $1.3m against liabilities of $690k, net assets of $619k.