Indiana Chapter of National Society of Arts and Letters Inc

Analysis

Indiana Chapter of National Society of Arts and Letters Inc is a registered charity in United States, based in Bloomington, IN. It received its IRS tax-exemption ruling in July 2021, 5 years ago. 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 August 2023, Indiana Chapter of National Society of Arts and Letters Inc reported income of $55k and spending of $55k, spending 100% of its income. Across the 2 years on record, from August 2022 to August 2023, income fell from $58k to $55k (-4.3%), an average of -4.3% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Indiana Chapter of National Society of Arts and Letters Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 18th percentile within IN. Charities of a similar size with the same main cause include Men Under Construction Association ($55k), Dermatologic Society of Greater New York Inc ($55k) and Birthright of LA Crosse Inc ($55k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $345k against liabilities of $0, net assets of $345k.