Central Indiana Educational Service Center

Analysis

Central Indiana Educational Service Center is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in December 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Central Indiana Educational Service Center reported income of $18.9m and spending of $19.1m, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $12.9m to $18.9m (+47%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Central Indiana Educational Service Center sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within IN. Charities of a similar size with the same main cause include The Center for Collaborative Research Inc ($18.8m), Athlos Louisiana ($18.9m) and Villagereach ($18.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $863k (4.5% of expenses). Other salaries and wages came to $7.2m. At year end it held assets of $10.2m against liabilities of $0, net assets of $10.2m.