Indian Medical Association of Northwest Indiana

Analysis

Indian Medical Association of Northwest Indiana is a registered charity in United States, based in Merrillville, IN. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2022, Indian Medical Association of Northwest Indiana reported income of $208k and spending of $197k, spending 95% of its income. Across the 3 years on record, from December 2018 to December 2022, income fell from $235k to $208k (-11%), an average of -5.7% a year. The sharpest change came in the year to December 2022, when income dropped by 26%. Over the whole period it spent 74% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Indian Medical Association of Northwest Indiana sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within IN. Charities of a similar size with the same main cause include Daytona Beach Electrical Jatc Inc ($208k), World Association for Emergency & Disaster Medicine Inc ($208k) and Medina Lake Betterment Association ($208k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 89% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.