Indeos Foundation
Analysis
Indeos Foundation is a registered charity in United States, based in Vernon Hills, IL. It received its IRS tax-exemption ruling in September 2000, 26 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Indeos Foundation reported income of $86k and spending of $93k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $108k to $86k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 104% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Indeos Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 34th percentile within IL. Charities of a similar size with the same main cause include Like Elijah Ministry Inc ($86k), O F E Q Institute Inc ($86k) and Middle Way Initiative Inc ($86k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. At year end it held assets of $111k against liabilities of $0, net assets of $111k.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Program services 0.3%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Like Elijah Ministry Inc | Krebs | $86k |
| O F E Q Institute Inc | Wickliffe | $86k |
| Middle Way Initiative Inc | Wheeling | $86k |
| Baho Outreach Inc | Prague | $86k |