Video Game Palooza Inc

Analysis

Video Game Palooza Inc is a registered charity in United States, based in Carmel, IN. It received its IRS tax-exemption ruling in March 2015, 11 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, Video Game Palooza Inc reported income of $298k and spending of $409k, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $491k to $298k (-39%), an average of -12% a year. The sharpest change came in the year to December 2020, when income rose by 191%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Video Game Palooza Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within IN. Charities of a similar size with the same main cause include Ellwood City Public Library ($298k), Riverview High School Kiltie Band Boosters Inc ($298k) and Jackson Christian Early Learning Centers Inc ($298k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $145k. At year end it held assets of $385k against liabilities of $19k, net assets of $366k. It reported 11 employees.