Indiana Bar Foundation

Analysis

Indiana Bar Foundation is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in June 1953, 73 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 June 2023, Indiana Bar Foundation reported income of $10.5m and spending of $9.0m, spending 86% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $5.9m to $10.5m (+78%), an average of +33% a year. The sharpest change came in the year to June 2023, when income rose by 141%. Over the whole period it spent 92% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Indiana Bar Foundation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within IN. Charities of a similar size with the same main cause include Southern Center for Children and Families Inc ($10.4m), Assured Family Services ($10.6m) and Kalamazoo Probation Enhancement Program Inc ($10.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.6% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $192k (2.1% of expenses). Other salaries and wages came to $901k. At year end it held assets of $14.5m against liabilities of $4.3m, net assets of $10.2m. It reported 17 employees.