Great Midwest Athletic Conference Inc

Analysis

Great Midwest Athletic Conference Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in July 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Great Midwest Athletic Conference Inc reported income of $2.2m and spending of $2.2m, spending 99% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.7m to $2.2m (+32%), an average of +5.8% a year. The sharpest change came in the year to June 2022, when income rose by 26%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Great Midwest Athletic Conference 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 87th percentile, and in the 88th percentile within IN. Charities of a similar size with the same main cause include Main Street Ventures ($2.2m), Hutson School Inc ($2.3m) and Austin Classical School ($2.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 43% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $217k (9.7% of expenses). Other salaries and wages came to $242k. At year end it held assets of $218k against liabilities of $92k, net assets of $126k. It reported 6 employees.