Indiana Public Broadcasting Stations Inc

Analysis

Indiana Public Broadcasting Stations Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in March 1976, 50 years ago. 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 2023, Indiana Public Broadcasting Stations Inc reported income of $3.6m and spending of $2.4m, leaving 34% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $412k to $3.6m (+784%), an average of +107% a year. The sharpest change came in the year to June 2021, when income rose by 719%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Indiana Public Broadcasting Stations Inc 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 90th percentile, and in the 91st percentile within IN. Charities of a similar size with the same main cause include Talleyville Fire Co ($3.6m), Independence Institute ($3.6m) and Habitat for Humanity International Inc ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $148k (6.2% of expenses). Other salaries and wages came to $257k. At year end it held assets of $2.3m against liabilities of $105k, net assets of $2.1m. It reported 1 employees.