Indianapolis Neighborhood Housing Partnership Inc

Analysis

Indianapolis Neighborhood Housing Partnership Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in February 1989, 37 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Indianapolis Neighborhood Housing Partnership Inc reported income of $15.2m and spending of $17.0m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.3m to $15.2m (+35%), an average of +7.7% a year. The sharpest change came in the year to December 2021, when income rose by 67%. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Indianapolis Neighborhood Housing Partnership Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IN. Charities of a similar size with the same main cause include Shelter House Inc ($15.2m), Siena Francis House ($15.2m) and Cendevco II Redevelopment Fund Inc ($15.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 5.0% of the total. Compensation of current officers, directors and key employees was $1.8m (10% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $94.2m against liabilities of $34.9m, net assets of $59.3m. It reported 57 employees.