Indiana University Radiology Associates Inc Iu Medical

Analysis

Indiana University Radiology Associates Inc Iu Medical is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in January 1980, 46 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, Indiana University Radiology Associates Inc Iu Medical reported income of $66.9m and spending of $69.2m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $54.8m to $66.9m (+22%), an average of +5.1% a year. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Indiana University Radiology Associates Inc Iu Medical sits at the 94th percentile: it is larger than about 94% of them. 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 Community Health Center of Pinellas Inc ($66.6m), Southwest Medical Center ($66.9m) and Chapa-De Indian Health Program Inc ($66.6m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $88k (0.1% of expenses). At year end it held assets of $42.2m against liabilities of $121k, net assets of $42.1m. It reported 1 employees.

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.