Aspire Indiana Health

Analysis

Aspire Indiana Health is a registered charity in United States, based in Carmel, IN. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Aspire Indiana Health reported income of $23.7m and spending of $19.2m, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.8m to $23.7m (+203%), an average of +32% a year. The sharpest change came in the year to June 2020, when income rose by 70%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Aspire Indiana Health sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within IN. Charities of a similar size with the same main cause include Carelink Community Support Services of Pa Inc ($23.7m), Roots Community Health Center ($23.7m) and Unity House of Cayuga County Inc ($23.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $1.1m (5.5% of expenses). Other salaries and wages came to $6.5m. At year end it held assets of $12.3m against liabilities of $318k, net assets of $12.0m. It reported 1 employees.