Battery Innovation Center Institute Inc

Analysis

Battery Innovation Center Institute Inc is a registered charity in United States, based in Newberry, IN. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Battery Innovation Center Institute Inc reported income of $4.5m and spending of $4.5m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.0m to $4.5m (+47%), an average of +10% a year. The sharpest change came in the year to December 2020, when income rose by 48%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Battery Innovation Center Institute Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within IN. Charities of a similar size with the same main cause include Center for Holocaust and Humanityeducation ($4.5m), Muse-Ique ($4.5m) and Poets & Writers Inc ($4.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $1.6m. At year end it held assets of $6.0m against liabilities of $2.0m, net assets of $4.0m. It reported 36 employees.