Indy Titans Inc

Analysis

Indy Titans Inc is a registered charity in United States, based in Carmel, IN. It received its IRS tax-exemption ruling in May 2016, 10 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 July 2024, Indy Titans Inc reported income of $837k and spending of $884k, spending 106% of what it took in. Across the 6 years on record, from July 2019 to July 2024, income grew from $426k to $837k (+97%), an average of +14% a year. The sharpest change came in the year to July 2021, when income rose by 50%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Indy Titans 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 Franconia Ski Club ($837k), Washington Little Capitals Inc ($838k) and Lutheran Valley Retreat Inc ($837k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 3.4% and program service revenue 94% of the total. At year end it held assets of $250k against liabilities of $202k, net assets of $48k.