Indiana State Library Foundation Inc

Analysis

Indiana State Library Foundation Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in October 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Indiana State Library Foundation Inc reported income of $262k and spending of $310k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $191k to $262k (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2020, when income rose by 189%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Indiana State Library Foundation Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within IN. Charities of a similar size with the same main cause include Adoption Options Inc ($262k), Grassfield Band Parent Association Inc ($262k) and Mighty Roots Academy ($262k).

At year end it held assets of $4.7m against liabilities of $926k, net assets of $3.8m. It reported 1 employees.