Indiana Philanthropy Alliance Foundation Inc

Analysis

Indiana Philanthropy Alliance Foundation Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in October 1992, 34 years ago. 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, Indiana Philanthropy Alliance Foundation Inc reported income of $775k and spending of $2.2m, spending 290% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $899k to $775k (-14%), an average of -3.6% a year. The sharpest change came in the year to December 2022, when income rose by 180%. Over the whole period it spent 121% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Indiana Philanthropy Alliance Foundation Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within IN. Charities of a similar size with the same main cause include William C Webb Jr Foundation Inc ($775k), Schuman-Liles Clinic Inc ($775k) and Mental Health Association in Niagara County Inc ($775k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $865k against liabilities of $0, net assets of $865k.