Flanner House of Indianapolis Inc

Analysis

Flanner House of Indianapolis Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in August 1985, 41 years ago. 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, Flanner House of Indianapolis Inc reported income of $6.8m and spending of $6.4m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $6.8m (+176%), an average of +29% a year. The sharpest change came in the year to December 2020, when income rose by 173%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Flanner House of Indianapolis Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IN. Charities of a similar size with the same main cause include Usta Northern California ($6.8m), Habitat for Humanity International Inc ($6.8m) and The Riverbrook Regional Young Mens Christian Association Inc ($6.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $329k (5.2% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $11.2m against liabilities of $866k, net assets of $10.4m. It reported 123 employees.