Fair Housing Center of Central Indiana
Analysis
Fair Housing Center of Central Indiana is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in December 2011, 15 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2023, Fair Housing Center of Central Indiana reported income of $1.1m and spending of $1.5m, spending 139% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $795k to $1.1m (+39%), an average of +8.7% a year. The sharpest change came in the year to September 2022, when income rose by 182%. Over the whole period it spent 79% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Fair Housing Center of Central Indiana sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within IN. Charities of a similar size with the same main cause include South Bay Improvement Association ($1.1m), Rebuilding Together Kansas City Inc ($1.1m) and Home Forward Development Enterprises Corporation ($1.1m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 85% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $122k (7.9% of expenses). Other salaries and wages came to $386k. At year end it held assets of $1.3m against liabilities of $105k, net assets of $1.2m. It reported 49 employees.
Income and spending
Where the income comes from
- Contributions & grants 85%
- Program services 12%
- Other 3.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| South Bay Improvement Association | SN Luis Obisp | $1.1m |
| Rebuilding Together Kansas City Inc | Liberty | $1.1m |
| Home Forward Development Enterprises Corporation | Portland | $1.1m |
| Lee County Housing Development Corporation | Fort Myers | $1.1m |