Ihsaa Foundation Inc

Analysis

Ihsaa Foundation Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Ihsaa Foundation Inc reported income of $168k and spending of $89k, leaving 47% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $331k to $168k (-49%), an average of -20% a year. The sharpest change came in the year to June 2023, when income dropped by 42%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ihsaa Foundation Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 49th percentile within IN. Charities of a similar size with the same main cause include RL Ministries Inc ($168k), Moneta Gardens Improvement Incorporated ($168k) and Glen Ridge Home & School Association Executive Council ($168k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $1.1m against liabilities of $19k, net assets of $1.1m.