The Hasten Hebrew Academy of Indianapolis Inc

Analysis

The Hasten Hebrew Academy of Indianapolis Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in January 1972, 54 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 August 2023, The Hasten Hebrew Academy of Indianapolis Inc reported income of $3.1m and spending of $3.1m, spending 100% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $3.0m to $3.1m (+1.1%), an average of +0.3% a year. The sharpest change came in the year to August 2023, when income rose by 28%. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, The Hasten Hebrew Academy of Indianapolis Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within IN. Charities of a similar size with the same main cause include Straight Ahead Ministries Inc ($3.1m), Advaita Society ($3.1m) and 84000 ($3.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 38% and program service revenue 61% of the total. Other salaries and wages came to $2.1m. At year end it held assets of $4.3m against liabilities of $667k, net assets of $3.6m. It reported 49 employees.