Northwest Indiana Forum Foundation

Analysis

Northwest Indiana Forum Foundation is a registered charity in United States, based in Portage, IN. It received its IRS tax-exemption ruling in January 1983, 43 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Northwest Indiana Forum Foundation reported income of $7.1m and spending of $7.1m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $53k to $7.1m (+13170%), an average of +239% a year. The sharpest change came in the year to December 2023, when income rose by 2385%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Northwest Indiana Forum Foundation 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 94th percentile, and in the 94th percentile within IN. Charities of a similar size with the same main cause include South Central Kansas Economic Development District Inc Sckedd ($7.1m), Women in Cable Telecommunications ($7.1m) and Workshops Inc ($7.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $218k against liabilities of $162k, net assets of $56k.