NEAR EAST AREA RENEWAL INC

INDIANAPOLIS, IN, 46201-2476 (317) 941-6327 Est. 2003 EIN 20-0146547
L81 - Home Improvement & Repairs 990 - Public charity return 501(c)(3)
www.nearindy.org

Mission

NEAR DEVELOPS COMMUNITY BY CREATING GREAT PLACES WITH NEIGHBORS. WE EXPRESS THIS MISSION THROUGH EQUITABLE HOUSING, NEIGHBORHOOD RENEWAL, CREATIVE PLACEMAKING, ECONOMIC DEVELOPMENT, AND ENVIRONMENTAL JUSTICE. WE WORK WITH NEIGHBORS AND BRING PEOPLE TOGETHER TO ADDRESS LOCAL QUALITY OF LIFE CHALLENGES.

Financials

Total Revenue
$977,209
Total Expenses
$809,271
Net Assets
$4,247,540
4 employees 14 volunteers
From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve
5.3 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 122.4%
Expenses ↑ 14.2%
Revenue Sources
Contributions 93.8% Earned revenue 1.0% Investment 1.3% Other 4.0%
Expense Breakdown
Program 70.6% Management 27.4% Fundraising 2.0%

Officers & Key Employees (17)

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Grants Received (18)

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Filing History (5 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jul 1, 2024 to Jun 30, 2025
$977,209 ↑$809,271$4,247,540
2023 990 - Public charity return
Jul 1, 2023 to Jun 30, 2024
$439,412 ↓$708,762$4,079,602
2022 990 - Public charity return
Jul 1, 2022 to Jun 30, 2023
$600,174 ↓$747,049$4,348,952
2020 990 - Public charity return
Jul 1, 2020 to Jun 30, 2021
$769,880 ↓$715,543$4,232,425
2019 990 - Public charity return
Jul 1, 2019 to Jun 30, 2020
$2,378,738 $718,056$4,178,088

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EIN: 20-0146547 · Source: IRS Form 990 e-file data