Assistance League of Indianapolis Inc

Analysis

Assistance League of Indianapolis Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in February 1986, 40 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Assistance League of Indianapolis Inc reported income of $554k and spending of $534k, spending 96% of its income. Across the 6 years on record, from May 2019 to May 2024, income fell from $604k to $554k (-8.2%), an average of -1.7% a year. The sharpest change came in the year to May 2023, when income rose by 25%. Over the whole period it spent 85% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Assistance League of Indianapolis Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within IN. Charities of a similar size with the same main cause include Concerned Citizens of South Central Los Angeles ($554k), Community Building Partnership of Stark County Inc ($555k) and Beverly Gray Business Exchange Center Inc ($554k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 73% of the total. At year end it held assets of $1.9m against liabilities of $308k, net assets of $1.6m.