Mission Indy Inc

Analysis

Mission Indy Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in May 2001, 25 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Mission Indy Inc reported income of $222k and spending of $162k, leaving 27% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $181k to $222k (+23%), an average of +7.0% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 88% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Mission Indy Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within IN. Charities of a similar size with the same main cause include Exit 30 Collective Inc ($221k), American Friends of Torah B-Yisrael Inc ($222k) and Charleston Symphony Orchestra League Inc ($221k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $87k (54% of expenses). Other salaries and wages came to $7,200. At year end it held assets of $124k against liabilities of $1,499, net assets of $123k. It reported 5 employees.