Faith in Indiana

Analysis

Faith in Indiana is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in September 2011, 15 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, Faith in Indiana reported income of $1.4m and spending of $2.1m, spending 152% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $797k to $1.4m (+70%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 111%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Faith in Indiana sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within IN. Charities of a similar size with the same main cause include Minnesota Recovery Connection ($1.4m), All Stars Early Learning Center Inc ($1.4m) and Hospice House and Support Care of Williamsburg Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 6.2% of the total. Compensation of current officers, directors and key employees was $130k (6.3% of expenses). Other salaries and wages came to $875k. At year end it held assets of $792k against liabilities of $157k, net assets of $634k. It reported 27 employees.