| Indiana University Health Inc | Indianapolis | $6,079,560,656 |
| Franciscan Alliance Inc | Mishawaka | $3,781,825,597 |
| University of Notre Dame Du Lac | Notre Dame | $3,418,676,076 |
| Renaissance Charitable Foundation Inc | Indianapolis | $2,436,033,430 |
| Community Health Network Inc | Indianapolis | $2,322,217,395 |
| Parkview Hospital Inc | Fort Wayne | $2,118,141,258 |
| Lilly Endowment Inc | Indianapolis | $2,061,897,636 |
| Mdwise Medicaid Network Inc | Indianapolis | $1,727,116,763 |
| Mdwise Inc | Indianapolis | $1,654,598,483 |
| Deaconess Hospital Inc | Evansville | $1,644,988,862 |
| National Collegiate Athletic Association | Indianapolis | $1,561,767,784 |
| Indiana University Health Care Associates Inc | Indianapolis | $1,433,924,467 |
| Caresource Indiana Inc | Indianapolis | $1,324,786,071 |
| Parkview Health System Inc | Fort Wayne | $1,212,089,211 |
| Wabash Valley Power Association Inc | Indianapolis | $805,631,891 |
| Indiana University Health Bloomingon Inc | Indianapolis | $780,071,792 |
| Munster Medical Research Foundation Inc | Munster | $760,372,798 |
| Memorial Hospital of South Bend | South Bend | $746,797,754 |
| Union Hospital Inc | Terre Haute | $737,875,799 |
| Indiana University Health Arnett Inc | Indianapolis | $662,042,883 |
| Reid Hospital & Health Care Services Inc | Richmond | $638,485,578 |
| Midcontinent Independent System Operator Inc | Carmel | $616,078,935 |
| Indiana University Foundation | Bloomington | $598,652,224 |
| Indiana University Health Ball Memorial Hospital Inc | Indianapolis | $581,000,304 |
| Indiana University Health North Hospital Inc | Indianapolis | $523,963,393 |
| The Methodist Hospitals Inc | Gary | $493,388,211 |
| Community Physicians of Indiana Inc | Indianapolis | $428,451,093 |
| Saint Joseph Regional Medical Center-South Bend Campus Inc | Mishawaka | $425,927,156 |
| St Mary Medical Center Inc | Munster | $404,677,051 |
| Elkhart General Hospital Inc | Elkhart | $395,191,669 |
| Indiana University Health West Hospital Inc | Indianapolis | $392,757,760 |
| Butler University | Indianapolis | $365,379,403 |
| Community Hospitals of Indiana Inc | Indianapolis | $341,945,450 |
| Deaconess Health System Inc | Evansville | $338,378,498 |
| Everwise Credit Union | South Bend | $329,956,987 |
| Deaconess Memorial Medical Center Inc | Jasper | $306,948,068 |
| Beacon Health System Inc | South Bend | $302,384,065 |
| Goshen Hospital Association Inc | Goshen | $284,096,533 |
| Church World Service Inc | Elkhart | $279,865,803 |
| Indiana Wesleyan University | Marion | $269,090,976 |
| Marion General Hospital | Marion | $267,012,604 |
| Depauw University | Greencastle | $263,810,956 |
| Eli Lilly & Co Master Trust for Employee Benefits | Indianapolis | $252,929,137 |
| Indiana University Health Plans Nfp Inc | Indianapolis | $250,993,892 |
| Community Howard Regional Health Inc | Kokomo | $237,510,265 |
| Purdue Research Foundation | West Lafayette | $235,308,994 |
| Rose-Hulman Institute of Technology | Terre Haute | $234,173,303 |
| Community Hospital of Anderson- Madison County Inc | Anderson | $227,294,571 |
| University of Indianapolis | Indianapolis | $225,571,211 |
| Trine University Inc | Angola | $223,580,316 |
| Beacon Medical Group Inc | South Bend | $219,621,077 |
| St Catherine Hospital Inc | Munster | $216,400,040 |
| Community Foundation of Northwest Indiana Inc | Munster | $208,501,276 |
| Strada Education Foundation Inc | Indianapolis | $207,660,821 |
| Goodwill Legacy Group Inc | Indianapolis | $207,380,358 |
| Marian University | Indianapolis | $200,146,172 |
| Indiana Members Credit Union | Indianapolis | $199,653,124 |
| The Lutheran University Association Inc | Valparaiso | $187,644,738 |
| Deaconess Clinic Inc | Evansville | $178,762,599 |
| St Joseph Hospital & Health Center Inc | Kokomo | $174,072,958 |
| Community Care Network Inc | Munster | $173,802,682 |
| Indiana Laborers Welfare Fund | Terre Haute | $161,278,240 |
| Taylor University | Upland | $158,936,145 |
| Gleaners Food Bank of Indiana Inc | Indianapolis | $155,770,403 |
| Mid Central Operating Engineers Health & Welfare Fund | Terre Haute | $153,441,974 |
| Department of Financial Institution Division of Credit Unions in Ind | Columbus | $152,825,680 |
| Northeastern Rural Electric Membership Corporation | Columbia City | $151,879,273 |
| Saint Marys College | Notre Dame | $150,948,474 |
| Forum Credit Union | Indianapolis | $144,668,455 |
| Cook Group Health Plan Trust | Bloomington | $144,556,695 |
| Saint Joseph Regional Medical Center Inc | Mishawaka | $144,555,811 |
| Indiana Institute of Technology Inc | Fort Wayne | $144,228,618 |
| Bowen Health Inc | Warsaw | $140,598,460 |
| Culver Educational Foundation | Culver | $140,103,439 |
| Margaret Mary Community Hospital Inc | Batesville | $139,856,673 |
| Indiana University Health Ball Memorial Physicians Inc | Indianapolis | $136,848,531 |
| Cameron Memorial Community Hospital Inc | Angola | $135,497,099 |
| Meridian Health Services Corp | Muncie | $134,288,837 |
| Alverno Provena Hospital Laboratories Inc | Hammond | $133,868,207 |
| Indianapolis Foundation Inc | Indianapolis | $129,958,722 |
| Whitley Memorial Hospital Inc | Columbia City | $128,890,158 |
| University of Evansville | Evansville | $124,084,003 |
| Gene B Glick Family Housing Foundation Inc | Indianapolis | $122,315,570 |
| Hendricks County Rural Electric Membership Corporation | Danville | $122,004,153 |
| South Central Indiana Rural Electric Membership Corporation | Martinsville | $117,076,557 |
| Crossroads Young Mens Christian Association Inc | Crown Point | $116,563,247 |
| Turning Point USA Inc | Indianapolis | $115,452,493 |
| Hanover College Trustees | Hanover | $113,863,379 |
| Indiana University Health Bedford Inc | Indianapolis | $112,122,163 |
| Interra Credit Union | Goshen | $110,651,659 |
| Wabash College | Crawfordsvlle | $110,313,106 |
| Bosma Industries for the Blind Inc | Indianapolis | $109,288,049 |
| Damar Services Inc | Indianapolis | $109,192,652 |
| Reid Physician Associates Inc | Richmond | $106,727,473 |
| Iu Medical Group Foundation Inc | Indianapolis | $103,901,255 |
| Grace Schools | Winona Lake | $102,992,240 |
| Endless Success Foundation Inc | Indianapolis | $100,354,603 |
| Indiana State Council of Roofers Health and Welfare Fund | Lafayette | $99,190,367 |
| Indiana Organ Procurement Organization Inc | Indianapolis | $99,046,249 |
| Indiana University Credit Union | Bloomington | $94,288,835 |
| Heartland Rural Electric Membership Corporation | Markle | $93,813,644 |
| Versiti Indiana Inc | Indianapolis | $93,681,273 |
| Goshen Health System Inc | Goshen | $91,334,711 |
| Tipmont Rural Electric Membership Corporation | Linden | $91,227,243 |
| Healthlinc Inc | Valparaiso | $90,285,442 |
| Franciscan Aco Inc | Indianapolis | $89,035,428 |
| Manchester University Inc | N Manchester | $88,332,717 |
| Bhi Senior Living Inc | Indianapolis | $87,244,550 |
| Earlham College | Richmond | $86,888,119 |
| University of Saint Francis of Fort Wayne Indiana Inc | Fort Wayne | $86,338,317 |
| Huntington Memorial Hospital Inc | Huntington | $84,461,351 |
| Childrens Museum of Indianapolis Incorporated | Indianapolis | $84,385,831 |
| Healthnet Inc | Indianapolis | $83,684,379 |
| Indiana University Radiology Associates Inc Iu Medical | Indianapolis | $82,778,933 |
| Dekalb Memorial Hospital Inc | Auburn | $82,407,973 |
| Everence Association Inc | Goshen | $81,771,346 |
| Indiana Teamsters Health Benefits Fund | Indianapolis | $81,668,322 |
| Jackson County Rural Electric Membership Corporation | Brownstown | $81,414,349 |
| Sheet Metal Workers Local Union No 20 Welfare and Benefit Fund | Indianapolis | $79,764,996 |
| Community Hospital of Noble County Inc | Kendallville | $78,657,575 |
| Clark County Rural Electric Membership Corporation | Sellersburg | $77,255,931 |
| Johnson County Rural Elec Mem Corp | Franklin | $77,223,277 |
| Western Indiana Energy Rural Electric Membership Corporation | Vincennes | $76,953,728 |
| Central Midwest Regional Council of Carpenters | Greenwood | $76,896,683 |
| Applied Research Institute | Bloomington | $76,880,879 |
| Boone County Rural Electric Membership Corp | Lebanon | $76,545,941 |
| Parkview Wabash Hospital Inc | Wabash | $74,493,647 |
| Northshore Health Centers Inc | Portage | $73,396,477 |
| James Whitcomb Riley Memorial Association | Indianapolis | $72,810,348 |
| Harrison County Rural Electric Membership Corporation-89 | Corydon | $72,162,777 |
| Oaklawn Psychiatric Center Inc | Goshen | $71,866,514 |
| Beacon Credit Union | Wabash | $70,997,309 |
| United Methodist Memorial Home | Warren | $69,476,410 |
| Eskenazi Medical Group Inc | Indianapolis | $67,439,389 |
| Hancock Rural Telephone Corporation | Greenfield | $67,076,687 |
| Eli Lilly Company Master Trust for Post-Retirement Medical Benefi | Indianapolis | $66,844,680 |
| Young Mens Christian Association of Greater Indianapolis | Indianapolis | $66,227,950 |
| Project Lead the Way Inc | Indianapolis | $64,522,286 |
| Electrical Workers Insurance Benefit Fund Local 481 | Indianapolis | $62,363,827 |
| Gibson General Hospital Inc | Princeton | $62,201,999 |
| Our Sunday Visitor Inc | Huntington | $61,647,311 |
| Community Foundation of St Joseph County Inc | South Bend | $61,343,123 |
| Anthony Wayne Rehabilitation Center for Handicapped & Blind | Fort Wayne | $61,055,714 |
| Anderson University Inc | Anderson | $61,014,638 |
| Indiana University Health Foundation Inc | Indianapolis | $60,691,203 |
| Rushshelby Energy Rural Electric Cooperative Inc | Manilla | $58,821,331 |
| Kosciusko Rural Electric Membership Corporation | Warsaw | $58,691,291 |
| Hoosier Hills Credit Union | Bedford | $58,074,896 |
| Goshen College Inc | Goshen | $57,990,424 |
| Pipe Trades Industry Health & Welfare Plan | Terre Haute | $57,865,010 |
| Carroll White Remc | Monticello | $57,716,012 |
| Indianapolis Zoological Society Inc | Indianapolis | $57,679,714 |
| Saint Joseph Regional Medical Center-Plymouth Campus Inc | Mishawaka | $56,537,091 |
| Franklin College of Indiana | Franklin | $56,149,658 |
| Indiana University Health White Memorial Hospital Inc | Indianapolis | $56,053,462 |
| Southlake Tri-City Management Corp | Merrillville | $55,299,154 |
| Hamilton Center Inc | Terre Haute | $54,425,100 |
| Lumina Foundation for Education Inc | Indianapolis | $54,331,663 |
| Elevance Health Foundation Inc | Indianapolis | $53,899,936 |
| Huntington University Inc | Huntington | $53,770,484 |
| Police and Firemens Insurance Association | Carmel | $53,007,365 |
| Bartholomew County Rural Electric Membership Corporation | Columbus | $52,417,229 |
| Community Foundation of Elkhart County Inc | Elkhart | $51,294,999 |
| United Way of Central Indiana Inc | Indianapolis | $51,112,879 |
| Utilities District of Western Ind Rural Electric Membership Corp | Bloomfield | $51,008,290 |
| Goodwill Industries of Michiana Inc | South Bend | $50,777,487 |
| Community Foundation of Greater Fort Wayne Inc | Fort Wayne | $49,647,700 |
| Financial Center First Credit Union | Indianapolis | $49,360,256 |
| Indiana University Health Tipton Hospital Inc | Indianapolis | $49,115,212 |
| Aspire Indiana Inc | Carmel | $48,920,765 |
| Lutheran Homes Inc | Fort Wayne | $48,745,491 |
| Kankakee Valley Rural Electric Membership Corporation | Wanatah | $48,630,284 |
| Central Indiana Community Foundation Inc | Indianapolis | $48,459,276 |
| Southern Indiana Power | Tell City | $46,037,615 |
| Daviess-Martin County Rural Electric Membership Corporation | Loogootee | $45,334,679 |
| Southlake Community Mental Health Center Inc | Merrillville | $44,629,198 |
| Greencroft Goshen Inc | Goshen | $42,507,433 |
| Bethel University Inc | Mishawaka | $41,972,799 |
| Decatur County Rural Electric Membership Corporation | Greensburg | $41,490,906 |
| Ivy Tech Foundation Inc | Indianapolis | $40,262,352 |
| Southeastern Indiana Rural Electric Membership Corporation | Osgood | $40,093,087 |
| Crf Affordable Housing Inc | Plainfield | $39,863,617 |
| Indiana Hemophilia and Thrombosis Center Inc | Indianapolis | $39,420,575 |
| Foundation for Advanced Philanthrophy | Indianapolis | $39,321,229 |
| Dubois Rural Electric Cooperative Inc | Jasper | $39,230,613 |
| Valley Oaks Health Inc | Lafayette | $39,022,326 |
| National Security Technology Accelerator | Crane | $38,245,986 |
| Hills Insurance Company Inc | Mishawaka | $36,784,851 |
| Retirement Living Inc | Indianapolis | $36,742,605 |
| The Cummins Foundation Inc | Columbus | $36,601,849 |
| Affordable Housing Partners Inc | Carmel | $36,559,272 |
| Allen Whitehill Clowes Charitable Foundation Inc | Indianapolis | $36,222,544 |
| Whitewater Valley Rural Electric Membership Corporation | Liberty | $36,095,762 |
| Tech Credit Union | Crown Point | $34,090,347 |
| Via Credit Union | Marion | $31,379,952 |
| Richard M Fairbanks Foundation Inc | Indianapolis | $31,315,153 |
| Westminster Village West Lafayette Inc | W Lafayette | $30,936,277 |
| Newfields Inc | Indianapolis | $30,590,585 |
| Kappa Alpha Theta Fraternity Housing Corporation | Indianapolis | $30,547,105 |
| Ball State University Foundation | Muncie | $30,232,984 |
| Parke County Rural Electric Membership Corporation | Rockville | $29,957,858 |
| Lake County Indiana Neca IBEW Health and Benefit Trust Plan | Merrillville | $29,124,744 |
| Dean & Barbara White Family Foundation Inc | Merrillville | $28,351,686 |
| Orange County Rural Electric Membership Corporation | Orleans | $27,880,391 |
| Liberty Fund Inc | Carmel | $22,422,647 |
| Indianapolis Motor Speedway Foundation Inc | Indianapolis | $22,026,626 |
| Earlham Foundation | Richmond | $20,988,253 |
| Harrison County Community Foundation Support Organ Inc | Corydon | $19,690,823 |
| Indiana Association of United Ways Incorporated | Indianapolis | $18,345,860 |
| American Camping Association Inc | Martinsville | $16,504,617 |
| Deaconess Health Kentucky Inc | Evansville | $14,548,834 |
| John W Anderson Foundation | Valparaiso | $14,156,902 |
| Ball Brothers Foundation | Muncie | $13,732,738 |
| Herbert Simon Family Foundation | Indianapolis | $13,477,682 |
| Dekko Foundation Inc | Kendallville | $12,872,287 |
| The Endowment Fund of the Phi Kappa Psi Fraternity | Indianapolis | $11,923,152 |
| James Foundation Inc | Auburn | $11,721,561 |
| Healthcare Foundation of la Porte Inc | La Porte | $11,615,493 |
| 16 Tech Community Corporation | Indianapolis | $10,977,439 |
| Conner Prairie Foundation Inc | Fishers | $9,895,979 |
| Asante Foundation Inc | South Bend | $8,989,734 |
| Eugene and Marilyn Glick Foundation Corporation | Indianapolis | $8,573,557 |
| North Central Health Services Inc | W Lafayette | $7,689,115 |
| Deborah Joy Simon Foundation | Carmel | $5,157,117 |
| Walther Cancer Foundation Inc | Indianapolis | $5,128,890 |
| Clowes Fund Incorporated | Indianapolis | $4,180,302 |
| Sanda Hills Equine Center Inc | Jasper | $3,733,945 |
| David E Simon & Jacqueline S Simon Charitable Foundation | Indianapolis | $2,438,463 |
| University Medical Diagnostic Associates Inc | Indianapolis | $754,518 |
| Regenstrief Foundation Inc | Indianapolis | -$258,456 |
| Surack Family Foundation Inc | Fort Wayne | -$1,556,388 |