Indiana State University Foundation Inc

Analysis

Indiana State University Foundation Inc is a registered charity in United States, based in Terre Haute, IN. It received its IRS tax-exemption ruling in November 1938, 88 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 June 2023, Indiana State University Foundation Inc reported income of $16.1m and spending of $9.3m, leaving 43% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.5m to $16.1m (+71%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 212%. Over the whole period it spent 46% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Indiana State University Foundation Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within IN. Charities of a similar size with the same main cause include Compass Rose Foundation Inc ($16.1m), Santa Rosa County School Readiness Coalition ($16.1m) and Des Moines Christian School ($16.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 4.9% of the total. Other salaries and wages came to $24k. At year end it held assets of $129.6m against liabilities of $7.7m, net assets of $122.0m. It reported 41 employees.