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Indiana Philanthropy Alliance Foundation Inc

Indianapolis, Indiana · EIN 35-1868240 · tax-exempt since 1992

D

Charity Clarity grade D (score 44.2 of 100), based on the Form 990 for the year ended December 2024.

Graded against 55,301 unclassified nonprofits with revenue $2M–$10M filing the same form. A = top 10%, B = next 20%, C = middle 40%, D = next 20%, F = bottom 10%.

What goes into the grade

MeasureThis charityScore (0–100)
ReservesMonths of spending covered by unrestricted net assets.36.2 months44
GovernanceBoard independence, key policies and audit, per the 990.82% of practices82
Margin stabilityHow steady the surplus or deficit is year to year.0
Revenue spreadHow much revenue rests on one type of income.100% from one source3
Filing recordOn-time, complete filings, year after year.100%100

Scores compare this charity with its peer group; 100 is best. How Charity Clarity rates charities.

Year by year

201620172018201920202021202220232024grey: revenue · green: spending
Year endedFormRevenueSpendingSurplusNet assetsMonths of spendingStaffGrade
Dec 2024Form 990$2.25M$775K$1.47M$2.34M36.20D
Dec 2023Form 990$775K$2.25M−$1.47M$865K4.60C
Dec 2022Form 990$2.25M$1.97M$280K$2.34M14.30C
Dec 2021Form 990$804K$1.02M−$218K$2.06M24.23C
Dec 2020Form 990$1.79M$1.23M$558K$2.28M22.26C
Dec 2019Form 990$899K$1.44M−$540K$1.72M14.30C
Dec 2018Form 990$2.04M$1.34M$699K$2.26M20.20C
Dec 2017Form 990$952K$1.33M−$379K$1.56M14.10C
Dec 2016Form 990$917K$1.49M−$574K$1.94M15.60C

From the organisation’s own IRS filings. “Months of spending” is total net assets divided by a month of that year’s spending. A blank grade means that year was not rated.

Read the filings

Every figure here comes from the returns this charity filed with the IRS. These sites show the full returns and more about the organisation: