Ivy Endowment Inc

Analysis

Ivy Endowment Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in September 1979, 47 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Ivy Endowment Inc reported income of $357k and spending of $287k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $424k to $357k (-16%), an average of -4.2% a year. The sharpest change came in the year to December 2023, when income rose by 160%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ivy Endowment Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within IN. Charities of a similar size with the same main cause include Coeur Academy ($357k), Wonderfolk ($357k) and Oley Valley Communtiy Education Foundation ($357k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.5% and program service revenue 93% of the total. At year end it held assets of $640k against liabilities of $0, net assets of $640k.