Historic Irvington Community Council Inc

Analysis

Historic Irvington Community Council Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in June 2004, 22 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Historic Irvington Community Council Inc reported income of $62k and spending of $21k, leaving 65% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $167k to $62k (-63%), an average of -63% a year. The sharpest change came in the year to December 2023, when income dropped by 63%. Over the whole period it spent 66% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Historic Irvington Community Council Inc sits at the 25th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 21st percentile within IN. Charities of a similar size with the same main cause include Love Makes Cent Inc ($62k), Detroit Regional LGBT Chamber Fund Inc ($62k) and Blackstone Business Association ($62k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.1% of the total. At year end it held assets of $176k against liabilities of $0, net assets of $176k.