Indiana Community Action Program

Analysis

Indiana Community Action Program is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in August 1983, 43 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, Indiana Community Action Program reported income of $8.9m and spending of $8.9m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.0m to $8.9m (+78%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 63%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Indiana Community Action Program sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within IN. Charities of a similar size with the same main cause include Helping Harvest Fresh Food Bank ($8.9m), Childrens Home of Easton Pa ($8.9m) and Finnish American Rest Home Inc ($8.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $715k (8.0% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $4.6m against liabilities of $2.2m, net assets of $2.4m. It reported 32 employees.