Central Indiana Soaring Society Inc

Analysis

Central Indiana Soaring Society Inc is a registered charity in United States, based in Alexandria, IN. It received its IRS tax-exemption ruling in February 2006, 20 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Central Indiana Soaring Society Inc reported income of $100k and spending of $78k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $100k to $100k (-0.4%), an average of -0.1% a year. Over the whole period it spent 84% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Central Indiana Soaring Society Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 34th percentile within IN. Charities of a similar size with the same main cause include Stone Lake Cranberry Festival Inc ($99k), WCCC Youth Basketball League Inc ($100k) and Crowley Youth Association ($99k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 78% of the total. At year end it held assets of $874k against liabilities of $87k, net assets of $787k.