Community Action of Northeast Indiana Inc

Analysis

Community Action of Northeast Indiana Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in December 1965, 61 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 October 2023, Community Action of Northeast Indiana Inc reported income of $32.7m and spending of $31.6m, spending 97% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $21.5m to $32.7m (+52%), an average of +11% a year. The sharpest change came in the year to October 2022, when income rose by 31%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Community Action of Northeast Indiana Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IN. Charities of a similar size with the same main cause include Buffalo Urban Development Corporation ($32.5m), Easter Seals North Georgia Inc ($32.7m) and South Shore Community Action Council Inc ($32.5m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 98% and program service revenue 2.1% of the total. Compensation of current officers, directors and key employees was $333k (1.1% of expenses). Other salaries and wages came to $10.9m. At year end it held assets of $18.0m against liabilities of $11.4m, net assets of $6.6m. It reported 339 employees.