Warren Arts and Education Foundation Inc

Analysis

Warren Arts and Education Foundation Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in December 1996, 30 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, Warren Arts and Education Foundation Inc reported income of $757k and spending of $582k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $61k to $757k (+1150%), an average of +88% a year. The sharpest change came in the year to December 2020, when income rose by 734%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Warren Arts and Education Foundation Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within IN. Charities of a similar size with the same main cause include Duluth Community School Collaborative ($756k), Western Christian High School Foundation ($757k) and Community Investors ($756k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $62k (11% of expenses). At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.