Indiana University Health Foundation Inc

Analysis

Indiana University Health Foundation Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in August 1964, 62 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Indiana University Health Foundation Inc reported income of $45.8m and spending of $25.6m, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $12.7m to $45.8m (+261%), an average of +38% a year. The sharpest change came in the year to December 2020, when income rose by 146%. Over the whole period it spent 68% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Indiana University Health Foundation Inc sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within IN. Charities of a similar size with the same main cause include National Kidney Foundation Inc ($45.8m), Promedica Indemnity Insurance Corporation ($45.8m) and Horizon Health Services Inc ($45.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% of the total. It paid $439k in professional fundraising fees. At year end it held assets of $347.1m against liabilities of $22.2m, net assets of $324.9m.