Indiana Association of School Principals Inc

Analysis

Indiana Association of School Principals Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in April 1989, 37 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Indiana Association of School Principals Inc reported income of $2.2m and spending of $2.2m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $2.2m (+3.9%), an average of +1.0% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Indiana Association of School Principals Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within IN. Charities of a similar size with the same main cause include Georgia Association of Educational Leaders ($2.2m), George Junior Republic Realty ($2.2m) and Monticello Montessori Charter School Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $309k (14% of expenses). Other salaries and wages came to $437k. At year end it held assets of $3.0m against liabilities of $1.4m, net assets of $1.6m. It reported 8 employees.