Indiana Members Foundation Inc

Analysis

Indiana Members Foundation Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in March 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Indiana Members Foundation Inc reported income of $183k and spending of $173k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $156k to $183k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Indiana Members Foundation Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within IN. Charities of a similar size with the same main cause include Reaching Our Community ($183k), Safetynet Inc ($183k) and Buffalo Companion Animal Rescue for Evan and Snoopy Animal Rescue ($183k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% of the total. At year end it held assets of $190k against liabilities of $0, net assets of $190k.