Unite Indy Inc

Analysis

Unite Indy Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Unite Indy Inc reported income of $1.6m and spending of $1.5m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $145k to $1.6m (+1006%), an average of +82% a year. The sharpest change came in the year to December 2022, when income rose by 416%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Unite Indy Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within IN. Charities of a similar size with the same main cause include Commission for Jewish Education of Greater Youngstown ($1.6m), Elisha Revolution Inc ($1.6m) and The Olympic Club Foundation ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $115k (7.8% of expenses). Other salaries and wages came to $139k. At year end it held assets of $631k against liabilities of $502k, net assets of $130k.