Indianapolis Colts Foundation Inc

Analysis

Indianapolis Colts Foundation Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in May 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 January 2024, Indianapolis Colts Foundation Inc reported income of $6.0m and spending of $4.2m, leaving 30% of income unspent that year. Across the 5 years on record, from January 2020 to January 2024, income grew from $1.4m to $6.0m (+333%), an average of +44% a year. The sharpest change came in the year to January 2022, when income rose by 642%. Over the whole period it spent 84% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Indianapolis Colts Foundation Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within IN. Charities of a similar size with the same main cause include Birchtree ($6.0m), Jewish Federation of Orange County ($6.0m) and Justfundus ($5.9m).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 92% of the total. At year end it held assets of $2.3m against liabilities of $376k, net assets of $1.9m.