Directemployers Institute Inc

Analysis

Directemployers Institute Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Directemployers Institute Inc reported income of $180k and spending of $155k, spending 86% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $234k to $180k (-23%), an average of -8.3% a year. The sharpest change came in the year to December 2022, when income dropped by 29%. Over the whole period it spent 77% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Directemployers Institute Inc sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within IN. Charities of a similar size with the same main cause include Tazewell Today Inc ($180k), Community Coalition of Melrose Inc ($181k) and Madison Main Street Program Inc ($180k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Other salaries and wages came to $45k. At year end it held assets of $190k against liabilities of $99k, net assets of $91k. It reported 28 employees.