Neighborlink Indianapolis Foundation Inc
Analysis
Neighborlink Indianapolis Foundation Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in May 2014, 12 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 December 2023, Neighborlink Indianapolis Foundation Inc reported income of $949k and spending of $1.1m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $403k to $949k (+135%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 161%. Over the whole period it spent 93% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Neighborlink Indianapolis Foundation Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within IN. Charities of a similar size with the same main cause include Alverno Apartments Inc ($948k), Galleria Manor Senior Development Inc ($949k) and Loho ($947k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $471k. At year end it held assets of $431k against liabilities of $3,059, net assets of $428k. It reported 8 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 0.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Alverno Apartments Inc | Dubuque | $948k |
| Galleria Manor Senior Development Inc | Smyrna | $949k |
| Loho | Lopez Island | $947k |
| Beaver County Community Housing Development Organization Inc | Beaver Falls | $949k |