Indiana Bandits Inc

Analysis

Indiana Bandits Inc is a registered charity in United States, based in Greenfield, IN. It received its IRS tax-exemption ruling in November 2013, 13 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Indiana Bandits Inc reported income of $221k and spending of $169k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $158k to $221k (+40%), an average of +8.7% a year. The sharpest change came in the year to December 2023, when income rose by 92%. Over the whole period it spent 81% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Indiana Bandits Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within IN. Charities of a similar size with the same main cause include Indy Genesis Ltd ($221k), The Metropolitan Basketball League ($221k) and Flat Rock Park and Recreation Foundation Inc ($221k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 88% of the total. At year end it held assets of $168k against liabilities of $0, net assets of $168k.