Indiana Black Expo Inc

Analysis

Indiana Black Expo Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in September 1994, 32 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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 Black Expo Inc reported income of $7.2m and spending of $5.6m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.9m to $7.2m (+45%), an average of +9.8% a year. The sharpest change came in the year to December 2023, when income rose by 63%. Over the whole period it spent 80% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Indiana Black Expo Inc 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 94th percentile, and in the 94th percentile within IN. Charities of a similar size with the same main cause include The Childrens Center of the Antelop E Valley ($7.2m), Bridges of America the Orlando ($7.2m) and Tribal Law and Policy Institute ($7.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 15% of the total. Other salaries and wages came to $881k. At year end it held assets of $7.7m against liabilities of $381k, net assets of $7.3m. It reported 14 employees.