Indiana Construction Roundtable Foundation Inc

Analysis

Indiana Construction Roundtable Foundation Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover employment, 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, Indiana Construction Roundtable Foundation Inc reported income of $3.2m and spending of $2.7m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $3.2m (+131%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Indiana Construction Roundtable Foundation Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within IN. Charities of a similar size with the same main cause include Jobpath Inc ($3.2m), Upper Arlington Community Foundation Inc ($3.2m) and Middle East Investment Initiative Inc ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. At year end it held assets of $1.5m against liabilities of $288k, net assets of $1.3m.