Indiana Fiscal Policy Institute Inc

Analysis

Indiana Fiscal Policy Institute Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in September 1987, 39 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 June 2024, Indiana Fiscal Policy Institute Inc reported income of $158k and spending of $189k, spending 120% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $94k to $158k (+68%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 60%. Over the whole period it spent 132% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Indiana Fiscal Policy Institute Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within IN. Charities of a similar size with the same main cause include Walker River Basin Communities Foundation ($158k), Grover C Shoemaker Memorial Fund ($158k) and Somerset Community Food Pantry Inc ($158k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 74% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $112k (60% of expenses). At year end it held assets of $10k against liabilities of $625, net assets of $9,601.