Indianapolis Liederkranz Inc

Analysis

Indianapolis Liederkranz Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in September 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Indianapolis Liederkranz Inc reported income of $80k and spending of $49k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $63k to $80k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Indianapolis Liederkranz Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 28th percentile within IN. Charities of a similar size with the same main cause include Berwick Library Association ($80k), Association of Schools of Journalis M and Mass Communications Inc ($80k) and James P Lang Scholarship Fund ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 31% of the total. At year end it held assets of $491k against liabilities of $13k, net assets of $478k.