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Passes our checks

Indy Hub Foundation Inc

EIN 45-5430916 · Indianapolis, IN

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak31 out of 100GovernanceGood86 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

OUR MISSION IS TO ATTRACT, ENGAGE, EDUCATE, AND MOTIVATE YOUNG PROFESSIONALS OF ALL VARIETIES TO MAKE INDIANAPOLIS AN EVEN GREATER PLACE TO LIVE, WORK, AND PLAY.

Income
$228,023
Spending
$248,172
Spent on programs
61%
Reserves
0.1 months of spending
Largest source of income
donations and private grants, 98%
Employees
0
Volunteers
80
Highest pay
$100,000, president

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 31 out of 100. Higher than 5% of charities in its peer group (philanthropy, under $250k).

  • Reserves

    4 of 35

    Spendable reserves would cover 0.1 months of spending.

  • Debt

    5 of 20

    It owes 69% of what it owns.

  • Living within its means

    4 of 15

    Spending exceeded income by 9% of income.

  • Income trend

    10 of 15

    Income fell 6% on the year before.

  • Spending floor

    8 of 15

    61% of spending went to programs and raising each dollar of donations cost 4 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 86 out of 100. Higher than 79% of charities in its peer group (philanthropy, under $250k).

  • Independent board

    25 of 25

    9 of 9 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (5)
  1. $10,650 spent. INDYVOLVED - INDYHUB'S LARGEST ANNUAL EVENT, PROVIDING A VOLUNTEER FAIR FOR THE COMMUNITY'S YOUNG PROFESSIONALS. MORE THAN 115 NONPROFITS EXHIBIT IN INDY'S CENTRAL LIBRARY, SHOWCASING VOLUNTEER AND BOARD OPPORTUNITIES FOR MORE THAN 2,000 PARTICIPANTS.
  2. $17,383 spent. MEET INDY - RESEARCH SHOWS THAT EACH YEAR, 1 MILLION YOUNG ADULTS PICK UP AND MOVE. AT INDYHUB WE KNOW THAT BUILDING MEANINGFUL CONNECTIONS TO NEIGHBORHOODS, AMENITIES, CULTURE, AND PEOPLE IS CRUCIAL TO BEING HAPPY AND PROSPEROUS IN THE PLACE YOU CALL HOME. THE MEET INDY PROJECT IS CUSTOMIZED JUST FOR YOU. THE INDYHUB TEAM WILL LEARN MORE ABOUT YOU AND THEN CONNECT YOU TO ONE OF OUR INCREDIBLE CITY AMBASSADORS. THEY'LL SIT DOWN AND LEARN ABOUT YOU - YOUR LIKES, YOUR DISLIKES, WHAT MAKES YOU GET OUT OF BED IN THE MORNING, AND THE THINGS THAT YOU ENJOY WHEN YOU AREN'T AT WORK. ALL OF THAT INFORMATION IS KEY AS IT PLAYS INTO THE NEXT STEP - WHERE WE CONNECT YOU TO OUR FRIENDS AND PEERS FROM OTHER INDY ORGANIZATIONS SO YOU CAN DEEPEN YOUR SOCIAL CAPITAL AND ENGAGEMENT IN INDY.
  3. 1828 LEADERSHIP PROJECT - ANNUAL LEADERSHIP PROGRAM WHICH CONVENES A COHORT OF 18-28 YEAR OLDS TO ENGAGE WITH CORPORATE, CIVIC, AND PHILANTHROPIC LEADERS. PROGRAM FOCUSES ON LEADERSHIP DEVELOPMENT, COMMUNITY BUILDING, AND ACTIONABLE OUTCOMES FOR PARTICIPANTS.
  4. $124,030 spent. COMMUNITY ENGAGEMENT - MEETING WITH COMMITTEES AND MEMBERS OF THE COMMUNITY WHICH ARE LOOKING TO ENGAGE MORE WITH INDYHUB AND THE AUDIENCE. STRAIGHT UP VIDEO SERIES - CONVERSATIONS WITH COMMUNITY LEADERS THAT WERE RISK TAKERS, BARRIER BREAKERS AND CHANGE MAKERS. ALL OTHER SERVICES TO ATTRACT, ENGAGE, EDUCATE, AND MOTIVATE YOUNG PROFESSIONALS OF ALL VARIETIES TO MAKE INDIANAPOLIS AN EVEN GREATER PLACE TO LIVE, WORK, AND PLAY.
  5. COMMUNITY ENGAGEMENT - MEETING WITH COMMITTEES AND MEMBERS OF THE COMMUNITY WHICH ARE LOOKING TO ENGAGE MORE WITH INDYHUB AND THE AUDIENCE. STRAIGHT UP VIDEO SERIES - CONVERSATIONS WITH COMMUNITY LEADERS THAT WERE RISK TAKERS, BARRIER BREAKERS AND CHANGE MAKERS. ALL OTHER SERVICES TO ATTRACT, ENGAGE, EDUCATE, AND MOTIVATE YOUNG PROFESSIONALS OF ALL VARIETIES TO MAKE INDIANAPOLIS AN EVEN GREATER PLACE TO LIVE, WORK, AND PLAY.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since October 2013.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.