Indiana Special Olympics Inc

Analysis

Indiana Special Olympics Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in May 1972, 54 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 (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, Indiana Special Olympics Inc reported income of $5.5m and spending of $5.4m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.1m to $5.5m (+7.4%), an average of +1.8% 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, Indiana Special Olympics Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within IN. Charities of a similar size with the same main cause include Baldwin Emergency Medical Service ($5.5m), Camp Freedom Inc ($5.5m) and Special Olympics Georgia Inc ($5.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $136k (2.5% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $12.4m against liabilities of $1.3m, net assets of $11.1m. It reported 32 employees.