Villages of Indiana Foundation Inc

Analysis

Villages of Indiana Foundation Inc is a registered charity in United States, based in Bloomington, IN. It received its IRS tax-exemption ruling in June 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Villages of Indiana Foundation Inc reported income of $5.7m and spending of $2.0m, leaving 65% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.2m to $5.7m (+81%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 214%. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Villages of Indiana Foundation Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within IN. Charities of a similar size with the same main cause include New Foundations Home for Children Inc ($5.7m), Urban League of Westchester Inc ($5.7m) and Community Living Centers Inc ($5.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 5.2% of the total. At year end it held assets of $23.5m against liabilities of $980k, net assets of $22.5m.