Indiana Funeral Education Foundation Inc

Analysis

Indiana Funeral Education Foundation Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in April 1984, 42 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable purposes. 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 May 2024, Indiana Funeral Education Foundation Inc reported income of $178k and spending of $51k, leaving 71% of income unspent that year. Across the 5 years on record, from May 2020 to May 2024, income grew from $73k to $178k (+145%), an average of +25% a year. The sharpest change came in the year to May 2022, when income rose by 66%. Over the whole period it spent 23% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Indiana Funeral Education Foundation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within IN. Charities of a similar size with the same main cause include Society of American Military Engineers ($178k), Light Up Lives Charity Foundation ($178k) and State Theater Arts Guild Inc ($178k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 47% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.