Indianapolis Press Club Foundation Inc

Analysis

Indianapolis Press Club Foundation Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in December 1991, 35 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 December 2022, Indianapolis Press Club Foundation Inc reported income of $62k and spending of $56k, spending 90% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $45k to $62k (+38%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 113% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Indianapolis Press Club Foundation Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 21st percentile within IN. Charities of a similar size with the same main cause include Westchester County Association of Municipal Public Works ($62k), Genius School US ($63k) and West Seattle High School Ptsa 6 15 510 ($62k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 31% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $16k (28% of expenses). At year end it held assets of $978k against liabilities of $0, net assets of $978k.