Starbase Indiana Inc

Analysis

Starbase Indiana Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in October 2012, 14 years ago. 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 September 2023, Starbase Indiana Inc reported income of $1.7m and spending of $1.8m, spending 106% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.3m to $1.7m (+31%), an average of +6.9% a year. The sharpest change came in the year to September 2022, when income rose by 31%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Starbase Indiana Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within IN. Charities of a similar size with the same main cause include South Florida Operating Engineers Apprentice & Training Fund ($1.7m), Ponte Vedra-Palm Valley Athletic As ($1.7m) and Kentucky Center for Special Childrens Services ($1.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $271k against liabilities of $24k, net assets of $247k.