Skip to the page content
Your donations
Passes our checks

Indy Gateway Inc

EIN 47-3583307 · Indianapolis, IN

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

LegitimacyPassesRegistration and standingFinancial healthStrong100 out of 100GovernanceGood71 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

INDY GATEWAY WAS CREATED FOR AND ITS PRIMARY OBJECTIVE IS TO IMPROVE ECONOMIC DEVELOPMENT AND COMMUNITY DEVELOPMENT. THE PURPOSES INCLUDE PROMOTING ECONOMIC GROWTH, INCREASING OPPORTUNITIES FOR THE REVITALIZATION OF NEIGHBORHOODS, AND MAKING THE WEST SIDE OF INDIANAPOLIS A PLACE WHERE FAMILIES WANT TO LIVE, WORK AND PLAY.

Income
$391,474
Spending
$172,526
Spent on programs
67%
Reserves
37.2 months of spending
Largest source of income
donations and private grants, 97%
Employees
0
Volunteers
50

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

Strong: 100 out of 100. Higher than 88% of charities in its peer group (community improvement, $250k to $1m).

  • Reserves

    35 of 35

    Spendable reserves would cover 37.2 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 56% of income.

  • Income trend

    15 of 15

    Income rose 82% on the year before.

  • Spending floor

    15 of 15

    67% of spending went to programs and raising each dollar of donations cost 7 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: 71 out of 100. Higher than 42% of charities in its peer group (community improvement, $250k to $1m).

  • Independent board

    25 of 25

    18 of 18 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no 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

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Independent check of accounts

    12 of 15

    Its accounts were reviewed or compiled by an independent accountant, but not audited.

  • 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 (3)
  1. $108,297 spent. AFFORDABLE HOUSING INDY GATEWAY HAS BEEN ABLE TO RESTART ITS BUILDING SCHEDULES. WE COMPLETED A HOUSE AT 315 VINE AND THE AREA 31 CONSTRUCTION TRADES STUDENT COMPLETED A HOUSE AT 307 VINE. 307 VINE WAS SOLD IN JULY AND 315 CURRENTLY HAS A SALE PENDING. IN ADDITION, WE BEGAN OUR BUILDING AT 2710 TAFT AVENUE. A NEW AREA 31 HOUSE WAS STARTED AT 5122 LEGRANDE AVENUE. A NEW LOT WAS ACQUIRED AT 103 N. RACEWAY ROAD. WE ARE PLANNING ON PUTTING ALL THESE HOUSES ON THE MARKET BY THE END OF 2025 FOR QUALIFIED HOMEBUYERS AND TURN THESE AREA LIABILITIES INTO TAX GENERATING PROPERTIES THAT WILL BENEFIT OUR LOCAL ENTITIES AND IMPROVE THE NEIGHBORHOOD AND ARE BUILT IN FEDERALLY DESIGNATED LOW AND MODERATE-INCOME AREAS. THE OBJECTIVE WAS TO BUILD AND FINISH VINE, BUT MANY FACTORS CAUSED ITS DELAY. JAMMIN FOR A CAUSE WAS A NEW FUNDRAISING EVENT TO BENEFIT THE PROGRAM IN APRIL 2024.
  2. $6,896 spent. INDY GATEWAY BOARD OF DIRECTORS HAS ACQUIRED FUNDING THROUGH THE GATEWAY GALLOP 5K IN PREVOUS YEARS AS WELL AS A GRANT FROM THE CENTRAL INDIANA COMMUNITY FOUNDATION TO PROCEED IN 2025 WITH THE CONSTRUCTION OF THE PATHWAY AND COMPLETION OF THE CHAPEL ROCK TRAILHEAD. THE PROJECT WILL INCLUDE:-TRAIL NODE AND PAVED PATH CONNECTION ON BOTA PROPERTY (PATH NOT COVERED UNDER NEXT LEVEL TRAIL GRANT)-TRAILHEAD PLAZA AND PATH CONNECTION ON CHURCH PROPERTY-TRAILHEAD IDENTITY SIGN-DIRECTIONAL SIGN AT CHURCH ENTRY AREASFUNDING FOR CONSTRUCTION HAS BEEN RAISED IN 2023 AND 2024. FINAL BIDS WERE RECEIVED IN LATE 2024 WITH CONSTRUCTION PLANNED FOR THE TRAIL IN 2025. NO CONTRACTS HAVE BEEN SIGNED TO DATE FOR THE CONSTRUCTION. A GRANT WAS AWARDED IN THE AMOUNT OF $3,886.69 TO THE WHITE LICK CREEK VANDALIA ALLIANCE FOR THEIR TRAILWORK. ALSO A GRANT PAYMENT OF $11,771.57 TO THE B&O TRAIL ASSOCIATION WAS MADE IN JUNE AS A DOWN PAYMENT TOWARD THE TRAILHEAD WORK.
  3. $54 spent. OUR THIRD OBJECTIVE WAS OUR ANNUAL SHELTON HEIGHTS PARK FUNDRAISER FOR CONTINUED MAINTENANCE OF THE PARK. THE PINTS FOR PARK EVENT WAS HELD IN SEPTEMBER.

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 September 7, 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 September 30, 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 September 10, 2026.

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

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

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

    Recognized by the IRS since September 2015.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 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 7, 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.