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Indianapolis Urban League Inc

RegisteredEIN 35-6060655Indianapolis, INPoverty relief
Income$5.5m2023-12
Spending$6.2msame year
Spent / received80%5-year average
Size in its cause91st pctPoverty relief
Exempt since1966Publicly supported organisat
Employees38latest return

Analysis

Indianapolis Urban League Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in September 1966, 60 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Indianapolis Urban League Inc reported income of $5.5m and spending of $6.2m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.3m to $5.5m (+30%), an average of +6.7% a year. The sharpest change came in the year to December 2022, when income rose by 52%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Indianapolis Urban League Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within IN. Charities of a similar size with the same main cause include Ohio Newsboys Association Inc ($5.5m), Stars & Stripes Childrens Foundation ($5.5m) and Parkside Homes Inc ($5.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. Other salaries and wages came to $1.6m. At year end it held assets of $16.3m against liabilities of $398k, net assets of $15.9m. It reported 38 employees.

Income and spending

$0$2.4m$4.9m$7.3m$9.7m2019 Income: $4,279,8732019 Spending: $3,337,69420192020 Income: $5,875,1822020 Spending: $4,300,83820202021 Income: $6,373,5652021 Spending: $5,540,72420212022 Income: $9,717,8422022 Spending: $6,043,89120222023 Income: $5,545,0002023 Spending: $6,201,7262023
IncomeSpending

Where the income comes from

  • Contributions & grants 84%
  • Other 16%

Similar-sized charities, same cause

CharityLocationIncome
Ohio Newsboys Association IncColumbus$5.5m
Stars & Stripes Childrens FoundationLaguna Beach$5.5m
Parkside Homes IncHillsboro$5.5m
Childrens Choice IncBellmawr$5.5m