Indiana Association for the Gifted

Analysis

Indiana Association for the Gifted is a registered charity in United States, based in New Palestine, IN. It received its IRS tax-exemption ruling in December 1989, 37 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 June 2023, Indiana Association for the Gifted reported income of $59k and spending of $60k, spending 101% of its income. Across the 3 years on record, from June 2020 to June 2023, income fell from $313k to $59k (-81%), an average of -57% a year. The sharpest change came in the year to June 2023, when income dropped by 72%. 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, Indiana Association for the Gifted sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 20th percentile within IN. Charities of a similar size with the same main cause include Fashion Group Foundation of Dallas Inc ($59k), Seakay Inc ($59k) and Westerville Central Music Boosters Inc ($59k).

On its Form 990-EZ for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $167k against liabilities of $0, net assets of $167k.