Indy Surviveoars Dragon Boat Racinginc

Analysis

Indy Surviveoars Dragon Boat Racinginc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in October 2007, 19 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Indy Surviveoars Dragon Boat Racinginc reported income of $158k and spending of $115k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $124k to $158k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 75% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Indy Surviveoars Dragon Boat Racinginc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 47th percentile within IN. Charities of a similar size with the same main cause include Tommy Strong Foundation Inc ($158k), Eastern New Mexico Medical Center Hospital Auxiliary Inc ($159k) and Government Services CHPTR American College of Emer Physicians Inc ($158k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% of the total. At year end it held assets of $546k against liabilities of $0, net assets of $546k.