Indiana American Legion Foundation Inc

Analysis

Indiana American Legion Foundation Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in April 2020, 6 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 July 2023, Indiana American Legion Foundation Inc reported income of $158k and spending of $121k, leaving 24% of income unspent that year. The sharpest change came in the year to July 2021, when income rose by 282%. Over the whole period it spent 20% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Indiana American Legion Foundation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 47th percentile within IN. Charities of a similar size with the same main cause include London Parent-Teacher Organization ($158k), Pastoral Care Institute Inc ($158k) and Greater Houston Black Chamber Foundation ($158k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $594k against liabilities of $25k, net assets of $569k.