Education United Indy Inc

Analysis

Education United Indy Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in May 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 December 2023, Education United Indy Inc reported income of $2.1m and spending of $1.4m, leaving 34% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $1.5m to $2.1m (+40%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 365%. Over the whole period it spent 54% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Education United Indy Inc sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within IN. Charities of a similar size with the same main cause include Communities in Schools of East Texas Inc ($2.1m), Montessori Family School of Mercer County ($2.1m) and Cornerstone College of Virginia ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3.1m against liabilities of $1.2m, net assets of $1.9m.