Indy Public Safety Foundation Inc

Analysis

Indy Public Safety Foundation 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 public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Indy Public Safety Foundation Inc reported income of $4.4m and spending of $5.8m, spending 133% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $772k to $4.4m (+468%), an average of +78% a year. The sharpest change came in the year to December 2023, when income rose by 182%. Over the whole period it spent 116% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Indy Public Safety Foundation Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within IN. Charities of a similar size with the same main cause include Spring Lake Park Fire Dept Inc ($4.4m), Harrison County Emergency Squad Inc ($4.4m) and Steele Creek Volunteer Fire Department and Rescue Services Inc ($4.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $126k (2.2% of expenses). Other salaries and wages came to $155k. At year end it held assets of $448k against liabilities of $629k, net assets of -$180k. It reported 21 employees.