Central Indiana Woodworkers Inc

Analysis

Central Indiana Woodworkers Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in October 2004, 22 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, Central Indiana Woodworkers Inc reported income of $56k and spending of $52k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $62k to $56k (-11%), an average of -11% a year. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Central Indiana Woodworkers Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 19th percentile within IN. Charities of a similar size with the same main cause include Coon Lake Community & Senior Center Inc ($56k), Good Samaritan Society of America ($56k) and Looking Glass Arts Inc ($56k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 5.3% of the total. At year end it held assets of $124k against liabilities of $15k, net assets of $110k.