Hoosier Boys State Inc

Analysis

Hoosier Boys State Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in June 1938, 88 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 July 2023, Hoosier Boys State Inc reported income of $94k and spending of $96k, spending 101% of its income. Across the 5 years on record, from July 2019 to July 2023, income fell from $132k to $94k (-29%), an average of -8.2% a year. The sharpest change came in the year to July 2022, when income rose by 208%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hoosier Boys State Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within IN. Charities of a similar size with the same main cause include Hoffman Estates Athletics Assoc ($94k), James River High School ($94k) and Perry County Fair Inc ($94k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 0.6% and program service revenue 56% of the total. At year end it held assets of $411k against liabilities of $36k, net assets of $374k.