Indianapolis Suzuki Academy Inc

Analysis

Indianapolis Suzuki Academy Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in November 1992, 34 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Indianapolis Suzuki Academy Inc reported income of $397k and spending of $345k, spending 87% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $347k to $397k (+14%), an average of +3.4% a year. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Indianapolis Suzuki Academy Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within IN. Charities of a similar size with the same main cause include Vida Ministries Incorporated ($397k), Americas Prayer Network Inc ($397k) and PTA Texas Congress ($397k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 19% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $43k (12% of expenses). Other salaries and wages came to $186k. At year end it held assets of $352k against liabilities of $86k, net assets of $267k. It reported 13 employees.