Indiana Elite FC Inc

Analysis

Indiana Elite FC Inc is a registered charity in United States, based in Crown Point, IN. It received its IRS tax-exemption ruling in October 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 (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 Elite FC Inc reported income of $839k and spending of $793k, spending 95% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $515k to $839k (+63%), an average of +10% a year. The sharpest change came in the year to December 2020, when income rose by 21%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Indiana Elite FC Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within IN. Charities of a similar size with the same main cause include Gilroy Rodeo Association ($839k), California Mid State Heritage Foundation Inc ($840k) and Pro Baseball Club ($838k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $360k against liabilities of $160k, net assets of $200k.