Indianapolis Ministries 2 Inc

Analysis

Indianapolis Ministries 2 Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in April 2019, 7 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Indianapolis Ministries 2 Inc reported income of $1.2m and spending of $968k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.2m (+10%), an average of +2.5% a year. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Indianapolis Ministries 2 Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within CO. Charities of a similar size with the same main cause include Spiricare of New Jersey Inc ($1.2m), Northern Oklahoma Youth Services Center and Shelter Inc ($1.2m) and Igl Pentecostal Mision Cristiana Ebenezer ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 39% of the total. At year end it held assets of $2.5m against liabilities of $1.1m, net assets of $1.5m.