Indiana Baptist College Inc

Analysis

Indiana Baptist College Inc is a registered charity in United States, based in Greenwood, IN. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Indiana Baptist College Inc reported income of $548k and spending of $553k, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $425k to $548k (+29%), an average of +6.6% a year. The sharpest change came in the year to June 2022, when income rose by 26%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Indiana Baptist College Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within IN. Charities of a similar size with the same main cause include Hospitality Charitable Foundation ($548k), Knappa Schools Foundation ($548k) and The Crescent Academy ($548k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $71k (13% of expenses). Other salaries and wages came to $84k. At year end it held assets of $3.5m against liabilities of $31k, net assets of $3.4m. It reported 19 employees.