Community Action of Greater Indianapolis Inc

Analysis

Community Action of Greater Indianapolis Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in June 1965, 61 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, Community Action of Greater Indianapolis Inc reported income of $9.6m and spending of $9.9m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.6m to $9.6m (+110%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 86%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Community Action of Greater Indianapolis Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within IN. Charities of a similar size with the same main cause include Texas Appleseed ($9.6m), Burnham Center for Community Advancement ($9.6m) and Alliance for African Assistance ($9.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $4.1m against liabilities of $2.1m, net assets of $2.1m. It reported 39 employees.