Indy Gateway Inc

Analysis

Indy Gateway Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 Gateway Inc reported income of $215k and spending of $171k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $177k to $215k (+22%), an average of +5.1% a year. The sharpest change came in the year to December 2021, when income rose by 62%. Over the whole period it spent 62% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Indy Gateway Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within IN. Charities of a similar size with the same main cause include Peoples United Summit ($215k), Women in Training Inc ($215k) and Geneseo Park District Foundation NFP ($215k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% of the total. At year end it held assets of $752k against liabilities of $42k, net assets of $710k.