Indiana Association for Career and Technical Education Inc

Analysis

Indiana Association for Career and Technical Education Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in November 1981, 45 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Indiana Association for Career and Technical Education Inc reported income of $370k and spending of $331k, spending 89% of its income. Across the 3 years on record, from June 2020 to June 2023, income grew from $205k to $370k (+80%), an average of +34% a year. The sharpest change came in the year to June 2023, when income rose by 113%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Indiana Association for Career and Technical Education Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within IN. Charities of a similar size with the same main cause include Beulah Municipal Golf Club ($370k), The Arc Livingston an Agency Serving Persons with Developmental ($370k) and Flok Health ($370k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. At year end it held assets of $126k against liabilities of $14k, net assets of $112k.