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Indiana · Nonprofit

INDIANA ASSOCIATION OF UNITED WAYS INC

INDIANA ASSOCIATION OF UNITED WAYS INC (Indiana) receives grants from 8 organizations whose IRS filings report $182,360,204 to it, the largest being LILLY ENDOWMENT INC ($182,139,008). 2 of them have funded it in more than one year.

Revenue FY2025
$18M
Funders on record
8
Grants received
$182M
Net assets
$98M
2/8 repeat funderspeak grant-dependency 97%
01What it does

What Indiana Association of United Ways Inc does

Mission

Indiana united ways is the leading voice to advocate, engage, and partner with a strong united way network and key stakeholders to advance human well-being throughout indiana.

As stated on its FY2025 Form 990.

Programs

  1. Financial operations and technology administration provides services to 31 local united ways throughout the country who are interested in consolidating their back-office services in order to focus on fundraising, donor relationship cultivation, and putting systems in place to meet urgent community health and human service needs. Unifi's back-office services include cloud hosting, accounting, payroll, and campaign processing.

    $1,106,436 spentof which $43,625 as grants$689,407 earned by the program
    6% of program spending
  2. Membership services strengthens the capacity, effectiveness, and sustainability of member united ways. By providing limited funding, leadership and organizational development, governance support, and network-building opportunities, member united ways are better poised to fulfill their missions and respond to the evolving needs of their communities.

    $1,105,845 spent$235,298 earned by the program
    6% of program spending
  3. Statewide capital projects initiative (scpi): iuw seeks to provide funding to strategically important capital projects intended to expand or improve the quality of essential health and human services for individuals living in communities of all sizes across indiana through scpi grants. Grants will be distributed in partnership and coordination with member local united ways serving the community for the purpose of advancing education, income, health, and basic needs priorities of the communities they serve. Grants range from $50,000 to $1,500,000 per award.

    $11,892,235 spentof which $11,684,103 as grants
    60% of program spending
  4. Council of the states and grants to members

    $5,679,344 spentof which $5,621,896 as grants
    29% of program spending

The 4 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $19,783,860.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($34M) Expenses 100 ($35M) Net assets 100 ($14M)2021 Revenue 54 ($18M) Expenses 61 ($22M) Net assets 76 ($11M)2022 Revenue 23 ($7.8M) Expenses 15 ($5.2M) Net assets 91 ($13M)2023 Revenue 271 ($91M) Expenses 24 ($8.4M) Net assets 684 ($97M)2024 Revenue 36 ($12M) Expenses 26 ($9.1M) Net assets 706 ($100M)2025 Revenue 54 ($18M) Expenses 58 ($21M) Net assets 693 ($98M)
202020212022202320242025
Revenue (54)Expenses (58)Net assets (693)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $14M to $97M (+612%).

$15M
$12M
$14M
$97M
$100M
$98M
202020212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 1% · 2021 1% · 2022 5% · 2025 1%. Grants only. Government contracts and fees sit inside program revenue.

73% of INDIANA ASSOCIATION OF UNITED WAYS INC’s revenue is contributions — about as donation-reliant as the typical peer (80% for the typical peer).

This organization
Typical peer · 874 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 6 reported years ran a deficit.

−$1.4M
’20
−$3.4M
’21
$2.6M
’22
$83M
’23
$2.9M
’24
−$2.2M
’25
5.2
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Michael K Budd

President and CEO

Board chair

Brent Wake

Chair

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2021 and FY2022 filings.

202020212022202320242025
Listed242227262827
Joined·+6+10+3+2+8
No longer listed·85409
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 3 funders to 2 funders, grant income rose $1.8M → $89M.

3 of 8 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of INDIANA ASSOCIATION OF UNITED WAYS INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

INDIANA ASSOCIATION OF UNITED WAYS INC leans on a few funders — its largest provides 100% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2017 94% · 2018 100% · 2019 100% · 2020 100% · 2021 100% · 2022 100% · 2023 100% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

20% of INDIANA ASSOCIATION OF UNITED WAYS INC's funders are still giving 3 years after their first grant; 25% give in more than one year at all.

first grant+1y+2y+3y+4y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

100% of INDIANA ASSOCIATION OF UNITED WAYS INC's grant income comes from Indiana funders.

WI
IN
NC

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Indiana out of state home

Funder states come from each funder’s own filing. $117k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

INDIANA ASSOCIATION OF UNITED WAYS INC is better cushioned than half of the 490 philanthropy nonprofits its size.

Operating margin−12% · bottom quartile
Months of reserve5.2mo · above the median
Revenue growth (annualized)−11% · bottom quartile

this organization peer median middle 50% of peers· 490 philanthropy nonprofits $10M–$100M, FY2025

Organizations like INDIANA ASSOCIATION OF UNITED WAYS INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Indiana

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

96% of spending goes to programs.

Program 96%Management 4%Fundraising 0%

Governance

22
board members
82%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

IN

Part of a family of 43 related entities

  • Crossroads United Way · exempt
  • Heart of Indiana United Way · exempt
  • Jackson County United Way · exempt
  • Jefferson County United Way · exempt
  • Metro United Way · exempt

Screen this organization

A dated, signed PDF of the compliance screen for INDIANA ASSOCIATION OF UNITED WAYS INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds INDIANA ASSOCIATION OF UNITED WAYS INC?
INDIANA ASSOCIATION OF UNITED WAYS INC (Indiana) receives grants from 8 organizations whose IRS filings report $182,360,204 to it, the largest being LILLY ENDOWMENT INC ($182,139,008). 2 of them have funded it in more than one year.
How many funders does INDIANA ASSOCIATION OF UNITED WAYS INC have?
IRS filings report 8 organizations giving $182,360,204 in grants to INDIANA ASSOCIATION OF UNITED WAYS INC, 2 of which have funded it in more than one year.
Who is the largest funder of INDIANA ASSOCIATION OF UNITED WAYS INC?
LILLY ENDOWMENT INC is the largest funder on record, with $182,139,008 in grants. The full list of funders is on this page.
How can an organization like INDIANA ASSOCIATION OF UNITED WAYS INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 8 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing