Minority Engineering Program of Indiana

Analysis

Minority Engineering Program of Indiana is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in March 1996, 30 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 2023, Minority Engineering Program of Indiana reported income of $212k and spending of $170k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $181k to $212k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Minority Engineering Program of Indiana sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within IN. Charities of a similar size with the same main cause include East Side Middle School Parent Teacher Association Inc ($212k), Gwens Montesseri School Inc ($212k) and Lighthouse Christian Academy of Broward County Inc ($212k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% of the total. At year end it held assets of $368k against liabilities of $3,377, net assets of $364k.