Mustard Seed of Central Indiana Inc
Analysis
Mustard Seed of Central Indiana Inc is a registered charity in United States, based in Fishers, IN. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Mustard Seed of Central Indiana Inc reported income of $282k and spending of $254k, spending 90% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $258k to $282k (+9.5%), an average of +2.3% a year. The sharpest change came in the year to June 2024, when income rose by 40%. Over the whole period it spent 101% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mustard Seed of Central Indiana Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within IN. Charities of a similar size with the same main cause include Seeds of Hope Inc ($282k), Laborlab ($282k) and The Brightspring Hospice Foundation ($282k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 68% and program service revenue 26% of the total. Other salaries and wages came to $84k. At year end it held assets of $149k against liabilities of $1,283, net assets of $147k. It reported 8 employees.
Income and spending
Where the income comes from
- Contributions & grants 68%
- Program services 26%
- Other 5.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Seeds of Hope Inc | Casa Grande | $282k |
| Laborlab | Helena | $282k |
| The Brightspring Hospice Foundation | Louisville | $282k |
| Feeding Our Kids | Champaign | $282k |