Indianapolis Public Transportation Foundation Inc

Analysis

Indianapolis Public Transportation Foundation Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Indianapolis Public Transportation Foundation Inc reported income of $1.5m and spending of $1.3m, spending 85% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $260k to $1.5m (+491%), an average of +81% a year. The sharpest change came in the year to December 2022, when income rose by 230%. Over the whole period it spent 65% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Indianapolis Public Transportation Foundation Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within IN. Charities of a similar size with the same main cause include Learning Tree ($1.5m), Nixyaawii Community Financial Services ($1.5m) and Caring Community Friends Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 11% of the total. It paid $8,000 in professional fundraising fees. At year end it held assets of $1.4m against liabilities of $94k, net assets of $1.3m.