Central Indiana Clubhouse NFP Corp
Analysis
Central Indiana Clubhouse NFP Corp is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Central Indiana Clubhouse NFP Corp reported income of $487k and spending of $508k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $543k to $487k (-10%), an average of -2.7% a year. Over the whole period it spent 100% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Central Indiana Clubhouse NFP Corp sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within IN. Charities of a similar size with the same main cause include Open School ($487k), Green Thumb Initiative ($487k) and Kingdom Academy of Bluffton Inc ($487k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $69k (14% of expenses). Other salaries and wages came to $197k. At year end it held assets of $482k against liabilities of $370k, net assets of $112k. It reported 8 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 48%
- Program services 52%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Open School | Laramie | $487k |
| Green Thumb Initiative | Canon City | $487k |
| Kingdom Academy of Bluffton Inc | Bluffton | $487k |
| Bradford County Education Foundation Inc | Starke | $487k |