Indiana Youth Institute Inc

Analysis

Indiana Youth Institute Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in December 1988, 38 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Indiana Youth Institute Inc reported income of $26.5m and spending of $6.8m, leaving 74% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $9.4m to $26.5m (+183%), an average of +42% a year. The sharpest change came in the year to June 2022, when income rose by 239%. Over the whole period it spent 50% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Indiana Youth Institute Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IN. Charities of a similar size with the same main cause include Southeast Texas Food Bank ($26.4m), Resource Exchange Inc ($26.5m) and Brightspark Early Learning Services ($26.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 2.0% of the total. Compensation of current officers, directors and key employees was $793k (12% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $33.1m against liabilities of $841k, net assets of $32.3m. It reported 34 employees.