Indiana Afterschool Network

Analysis

Indiana Afterschool Network is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in February 2015, 11 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 Afterschool Network reported income of $1.2m and spending of $1.6m, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.2m (+1.4%), an average of +0.3% a year. The sharpest change came in the year to December 2021, when income rose by 363%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Indiana Afterschool Network sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within IN. Charities of a similar size with the same main cause include Open Communities Alliance ($1.2m), Primary Years Inc ($1.2m) and Kato Public Charter School ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 7.8% of the total. Compensation of current officers, directors and key employees was $246k (16% of expenses). Other salaries and wages came to $439k. At year end it held assets of $1.8m against liabilities of $331k, net assets of $1.5m. It reported 13 employees.