Indy Hematology Education Inc

Analysis

Indy Hematology Education Inc is a registered charity in United States, based in Carmel, IN. It received its IRS tax-exemption ruling in April 2010, 16 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Indy Hematology Education Inc reported income of $1.1m and spending of $698k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $573k to $1.1m (+84%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 66% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Indy Hematology Education Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within IN. Charities of a similar size with the same main cause include Bay Area Substance Education Services ($1.1m), Bulloch County Alcohol and Drug Abuse Council Inc ($1.1m) and Middletown Emergency Medical Services Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. At year end it held assets of $1.5m against liabilities of $304, net assets of $1.5m.