Mutual Benefit Nonprofits in Indiana

Membership benefit organizations, mutual insurance, and cooperatives Analysis for Indiana — revenue, assets, and AI-powered transparency reports.

100Organizations
$1.3BTotal Revenue
$1.5BTotal Assets
89/100Avg Mission Score
93%Avg Program Spending

Spending Analysis

Average spending breakdown for mutual benefit nonprofits in Indiana based on IRS 990 filings:

Mutual Benefit nonprofits in Indiana show strong program spending, directing 93% to charitable activities.

NTEE Subcategories in Indiana

Y43: 50 orgs Y22: 10 orgs Y42: 6 orgs Y44: 6 orgs Y03: 5 orgs Y20: 3 orgs Y40: 3 orgs Y40Z: 3 orgs Y41: 3 orgs Y50: 3 orgs Y430: 2 orgs Y11: 1 orgs Y12: 1 orgs Y200: 1 orgs Y23: 1 orgs Y24: 1 orgs Y30: 1 orgs

Top Mutual Benefit Organizations in Indiana

#OrganizationCityRevenueAssetsScore
1 Eli Lilly & Co Master Trust For Employee Benefits Indianapolis $255.8M $26.4M
2 Hills Insurance Company Inc Mishawaka $184.1M $255.9M
3 Heartland Rural Electric Membership Corporation Markle $100.4M $203.9M
4 Jackson County Rural Electric Membership Corporation Brownstown $80.5M $217.3M
5 Indiana State University Benefit Plan Tr Terre Haute $74.4M $100.6M
6 Credit Union Trust Indianapolis $57.7M $32.3M
7 Anthem Supplemental Unemployment Benefit Tr Indianapolis $47.6M $250K
8 Porter County Schools Employees Ins Veba Tr Valparaiso $47.5M $2.1M
9 American United Life Insurance Company Welfare Benefits Trust Indianapolis $39.0M $7.0M
10 Operating Engineers Local 112 Health And Welfare Trust Anderson $38.9M $61.0M
11 North Central Indiana School Ins Consortium Tr Muncie $35.9M $12.7M
12 Southeastern Indiana School Insurance Trust Carmel $28.5M $11.3M
13 Directemployers Association Inc Indianapolis $20.0M $18.2M
14 Best One Tire I I M Employees Beneficiary Monroe $18.3M $1.8M
15 Fulton County Rural Electric Membership Corporation Rochester $17.8M $34.2M
16 Medical Practice Consortium Tr Indianapolis $17.3M $13.3M
17 Best One Tire O K T Employees Beneficiary Tr Monroe $14.0M $1.4M
18 Insurance Company Supported Organizations Group Benefit Plan Indianapolis $13.9M $4.4M
19 Nisource Non Union Life And Medical Benefits Veba Trust Merrillville $12.9M $62.1M 85/100
20 Nisource Non Union Post 65 Retiree Medical Benefits Veba Trust Merrillville $11.7M $78.2M

Mutual Benefit Nonprofits by City in Indiana

Indianapolis (19) Merrillville (7) Carmel (5) Muncie (4) Griffith (3) Noblesville (2) Mishawaka (2) Cloverdale (2) Salem (2) Evansville (2) Columbus (2) Terre Haute (2) Monroe (2) South Bend (1) Topeka (1)

Frequently Asked Questions

How many mutual benefit nonprofits are in Indiana?

There are 100 mutual benefit nonprofits in Indiana, classified under NTEE codes Y, with $1.3B in combined revenue.

What is the largest mutual benefit nonprofit in Indiana?

The largest mutual benefit nonprofit in Indiana by revenue is Eli Lilly & Co Master Trust For Employee Benefits with $255.8M in annual revenue.

How do mutual benefit nonprofits in Indiana spend their money?

On average, mutual benefit nonprofits in Indiana spend 93% on programs, 8% on administration, and 0% on fundraising.

How can I verify a mutual benefit nonprofit in Indiana?

Check the organization's Mission Score, review red flags, examine spending breakdowns, and verify their IRS 990 filings on NonprofitSpending. Legitimate mutual benefit nonprofits typically spend 65%+ of their budget on programs.

Explore Mutual Benefit in Other States

California New York Texas Florida Illinois Pennsylvania

Other Sectors in Indiana

Arts & Culture Education Environment Health Human Services International

Related Pages