Indianapolis AIDS Housing Corp

Analysis

Indianapolis AIDS Housing Corp is a registered charity in United States, based in South Bend, IN. It received its IRS tax-exemption ruling in October 1993, 33 years ago. 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 December 2023, Indianapolis AIDS Housing Corp reported income of $275k and spending of $278k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $292k to $275k (-6.0%), an average of -1.5% a year. The sharpest change came in the year to December 2020, when income dropped by 15%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Indianapolis AIDS Housing Corp sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within IN. Charities of a similar size with the same main cause include North Mason Scholarship Foundation ($275k), Palacios Community Hub ($275k) and Community Christian Ministries ($275k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. At year end it held assets of $512k against liabilities of $29k, net assets of $482k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.