Bounce Back of Indiana Inc

Analysis

Bounce Back of Indiana Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in January 2017, 9 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Bounce Back of Indiana Inc reported income of $214k and spending of $225k, spending 105% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $263k to $214k (-19%), an average of -6.6% a year. The sharpest change came in the year to December 2023, when income rose by 236%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bounce Back of Indiana Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within IN. Charities of a similar size with the same main cause include Senior Center Inc ($214k), House of Blue Hope Foundation Inc ($214k) and Grant Pierce Housing Inc ($214k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $69k. At year end it held assets of $214k against liabilities of $26k, net assets of $187k. It reported 1 employees.