Nine 13 Inc

Analysis

Nine 13 Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in June 2014, 12 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 (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, Nine 13 Inc reported income of $1.7m and spending of $1.1m, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $625k to $1.7m (+165%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 176%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Nine 13 Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within IN. Charities of a similar size with the same main cause include Wisconsin Partnership for Housing Development Inc ($1.7m), Gfi Academy Inc ($1.7m) and Indy Pride Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $289k (26% of expenses). Other salaries and wages came to $245k. At year end it held assets of $3.2m against liabilities of $850k, net assets of $2.3m. It reported 12 employees.