Mission
TO SAVE INFANT LIVES AND IMPROVE HEALTH OUTCOMES BY PROVIDING ACCESS TO SAFE HUMAN MILK.
Public Charity
THE MILK BANK INC
THE MILK BANK INC is a nonprofit organization categorized as Public Charity based in INDIANAPOLIS, IN. Its most recent IRS filing (2025) reports revenue of $4.4M, expenses of $3.2M, total assets of $5.9M. Imperigo tracks 13 reported grant relationships connected to this organization totaling approximately $158K.
EIN: 201662573
INDIANAPOLIS, IN
Health Support
NTEE: E60
Latest filing: 2025
Total Revenue$4.4M
Total Expenses$3.2M
Total Assets$5.9M
Grant Records13
Funding Total$158K
Filing Years2020–2025
Where $100 goes at The Milk Bank Inc
How The Milk Bank Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$77
Programs
the work itself
$16
Management
running the organization
$7
Fundraising
raising the next dollar
Inside the $77 for programs
$77
The organization improves health outcomes for premature and ill babies, foster better health for children, and decrease health care expenditures
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
General Support
$25,000
Expand and sustain the volunteer program
$13,545
GENERAL SUPPORT
$5,777
GENERAL SUPPORT
$5,777
For grant recipient's exempt purposes
$5,500
Showing up to 5 of 13 total records — full history available with membership.
Officers & Directors
PRESIDENT-ELECT
Angka Hinshaw Esq
SECRETARY
April Dales
DIRECTOR
Ashley Schwandt
DIRECTOR
Bonnie Logsdon Ibclc
DIRECTOR
Chelsea Spickelmier
MEDICAL DIRECTOR
Ekanem Akinola Md Faap Ibclc
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $4.4M | $3.2M | $5.9M |
| 2024 | $3.3M | $2.6M | $4.8M |
| 2023 | $2.9M | $2.0M | $4.0M |
| 2022 | $2.5M | $2.0M | $3.2M |
| 2020 | $1.6M | $1.4M | $1.2M |
Between 2020 and 2025, reported annual revenue grew from $1.6M to $4.4M (+170%), with total assets most recently reported at $5.9M.
Interactive year-over-year charts and full filing details available with membership.