Indiana State Fair Foundation Inc

Analysis

Indiana State Fair Foundation Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in April 2015, 11 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 State Fair Foundation Inc reported income of $560k and spending of $639k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $386k to $560k (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2021, when income rose by 82%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Indiana State Fair Foundation Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within IN. Charities of a similar size with the same main cause include Warrington Soccer Club Inc ($559k), Global Camps Africa Inc ($560k) and Montana Amateur Sports Inc ($559k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $805k against liabilities of $52k, net assets of $753k.