Indiana Agriculture Education Inc

Analysis

Indiana Agriculture Education Inc is a registered charity in United States, based in Carmel, IN. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Indiana Agriculture Education Inc reported income of $2.4m and spending of $2.4m, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.8m to $2.4m (+30%), an average of +9.1% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Indiana Agriculture Education Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within IN. Charities of a similar size with the same main cause include Catholic Distance University Inc ($2.4m), Primoris Academy Inc ($2.4m) and Stone Independent School ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.8% of the total. Other salaries and wages came to $836k. At year end it held assets of $1.1m against liabilities of $944k, net assets of $172k. It reported 28 employees.