Indianapolis Aids Housing Corp
EIN: 351894476 · South Bend, IN
| Metric | Value |
|---|---|
| Total Revenue | $301K |
| Total Expenses | $278K |
| Net Assets | $482K |
Is Indianapolis Aids Housing Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Indianapolis Aids Housing Corp
Indianapolis Aids Housing Corp (EIN: 351894476) is a nonprofit organization based in South Bend, IN. The organization reported total revenue of $301K and total assets of $541K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Indianapolis Aids Housing Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Indianapolis Aids Housing Corp is a small nonprofit that has been operating for 33 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $275K |
| Total Expenses | $278K |
| Surplus / Deficit | $-3,121 |
| Total Assets | $512K |
| Total Liabilities | $29K |
| Net Assets | $482K |
| Operating Margin | -1.1% |
| Debt-to-Asset Ratio | 5.7% |
| Months of Reserves | 22.1 months |
Financial Health Grade: B
In 2023, Indianapolis Aids Housing Corp reported a deficit of $3K with expenses exceeding revenue, holds 22.1 months of operating reserves (strong position), has a debt-to-asset ratio of 5.7% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Indianapolis Aids Housing Corp's revenue has grown at a compound annual growth rate (CAGR) of 7.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.8% | -7.2% | -1.5% |
| 2022 | +6.2% | +6.7% | -3.1% |
| 2021 | +5.6% | +15.7% | -4.1% |
| 2020 | -15.5% | -11.7% | +0.3% |
| 2019 | +32.5% | +6.8% | +11.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Indianapolis Aids Housing Corp has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Indianapolis Aids Housing Corp with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 5.7%.
Frequently Asked Questions about Indianapolis Aids Housing Corp
Is Indianapolis Aids Housing Corp a legitimate charity?
Indianapolis Aids Housing Corp (EIN: 351894476) is a registered tax-exempt nonprofit based in Indiana. It has 11 years of IRS 990 filings on record. Total revenue: $301K. No red flags identified. Financial health grade: B.
How does Indianapolis Aids Housing Corp spend its money?
Indianapolis Aids Housing Corp reported $301K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Indianapolis Aids Housing Corp tax-deductible?
Indianapolis Aids Housing Corp is registered as a tax-exempt nonprofit (EIN: 351894476). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Indianapolis Aids Housing Corp located?
Indianapolis Aids Housing Corp is headquartered in South Bend, Indiana and files with the IRS under EIN 351894476.
How many years of IRS 990 filings does Indianapolis Aids Housing Corp have?
Indianapolis Aids Housing Corp has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $301K in total revenue.
Filing History
IRS 990 filing history for Indianapolis Aids Housing Corp showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Indianapolis Aids Housing Corp's revenue has grown by 144%, moving from $113K to $275K. Total assets decreased by 34.7% over the same period, from $783K to $512K. Total functional expenses rose by 70.5%, from $163K to $278K. In its most recent filing year (2023), Indianapolis Aids Housing Corp reported a deficit of $3K, with expenses exceeding revenue. The organization holds $29K in liabilities against $512K in assets (debt-to-asset ratio: 5.7%), resulting in net assets of $482K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $275K | $278K | $512K | $29K | — | — |
| 2022 | $277K | $299K | $519K | $34K | — | View 990 |
| 2021 | $261K | $280K | $536K | $28K | — | View 990 |
| 2020 | $247K | $242K | $559K | $21K | — | View 990 |
| 2019 | $292K | $274K | $557K | $24K | — | View 990 |
| 2017 | $221K | $257K | $498K | $15K | — | View 990 |
| 2016 | $199K | $221K | $540K | $20K | — | View 990 |
| 2015 | $148K | $189K | $565K | $22K | — | View 990 |
| 2014 | $153K | $220K | $599K | $16K | — | View 990 |
| 2013 | $154K | $189K | $672K | $22K | — | View 990 |
| 2011 | $113K | $163K | $783K | $32K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $275K, expenses of $278K, and assets of $512K (revenue -0.8% year-over-year).
- 2022: Revenue of $277K, expenses of $299K, and assets of $519K (revenue +6.2% year-over-year).
- 2021: Revenue of $261K, expenses of $280K, and assets of $536K (revenue +5.6% year-over-year).
- 2020: Revenue of $247K, expenses of $242K, and assets of $559K (revenue -15.5% year-over-year).
- 2019: Revenue of $292K, expenses of $274K, and assets of $557K (revenue +32.5% year-over-year).
- 2017: Revenue of $221K, expenses of $257K, and assets of $498K (revenue +11.1% year-over-year).
- 2016: Revenue of $199K, expenses of $221K, and assets of $540K (revenue +34.1% year-over-year).
- 2015: Revenue of $148K, expenses of $189K, and assets of $565K (revenue -3.5% year-over-year).
- 2014: Revenue of $153K, expenses of $220K, and assets of $599K (revenue -0.6% year-over-year).
- 2013: Revenue of $154K, expenses of $189K, and assets of $672K (revenue +37.1% year-over-year).
- 2011: Revenue of $113K, expenses of $163K, and assets of $783K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Indianapolis Aids Housing Corp:
Data Sources and Methodology
This transparency report for Indianapolis Aids Housing Corp is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.