Indiana Association of United Ways Incorporated

Analysis

Indiana Association of United Ways Incorporated is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in January 1991, 35 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Indiana Association of United Ways Incorporated reported income of $91.3m and spending of $8.4m, leaving 91% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.5m to $91.3m (+864%), an average of +76% a year. The sharpest change came in the year to December 2023, when income rose by 1072%. Over the whole period it spent 48% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Indiana Association of United Ways Incorporated sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within IN. Charities of a similar size with the same main cause include Bradley Impact Fund Inc ($90.7m), Jewish Federation of Metropolitan Detroit ($91.7m) and St Louis Community Foundation Incorporated ($90.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $365k (4.4% of expenses). Other salaries and wages came to $823k. At year end it held assets of $97.0m against liabilities of $501k, net assets of $96.5m. It reported 15 employees.