Indiana Cpa Educational Foundation Inc

Analysis

Indiana Cpa Educational Foundation Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in January 1966, 60 years ago. 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 Cpa Educational Foundation Inc reported income of $84k and spending of $120k, spending 142% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $86k to $84k (-1.6%), an average of -1.6% a year. Over the whole period it spent 139% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Indiana Cpa Educational Foundation Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within IN. Charities of a similar size with the same main cause include Memorial West Alumni and Friends Foundation Inc ($84k), American Youth Football Inc ($84k) and PTA California Congress of Parents Teachers & Students Inc ($84k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 113% of the total. Other salaries and wages came to $60k. At year end it held assets of $427k against liabilities of $89k, net assets of $337k.