University of Indianapolis

Analysis

University of Indianapolis is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in February 1952, 74 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, University of Indianapolis reported income of $192.8m and spending of $200.4m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $182.6m to $192.8m (+5.6%), an average of +1.4% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Indianapolis sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within IN. Charities of a similar size with the same main cause include Norwich University ($192.7m), Wentworth Institute of Technology ($193.5m) and Challenger School Foundation ($192.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $357k (0.2% of expenses). Other salaries and wages came to $55.6m. At year end it held assets of $277.0m against liabilities of $112.1m, net assets of $164.9m. It reported 2,323 employees.