Indiana Library Federation Incorported

Analysis

Indiana Library Federation Incorported is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in December 1977, 49 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 Library Federation Incorported reported income of $436k and spending of $485k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $598k to $436k (-27%), an average of -7.6% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Indiana Library Federation Incorported sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within IN. Charities of a similar size with the same main cause include Scotland County Partnership for Children and Families Inc ($436k), Neosho Christian Schools ($436k) and Hawaii Rotary Youth Foundation ($436k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. At year end it held assets of $1.6m against liabilities of $166k, net assets of $1.4m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.