Indy Criterium Inc

Analysis

Indy Criterium Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in August 2017, 9 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, Indy Criterium Inc reported income of $357k and spending of $369k, spending 103% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $176k to $357k (+103%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 87%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Indy Criterium Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within IN. Charities of a similar size with the same main cause include South Snohomish County Dolphins ($357k), Eureka Springs Community Center Foundation ($357k) and Utica Curling Club ($357k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.5% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $62k (17% of expenses). At year end it held assets of $27k against liabilities of $1,865, net assets of $25k.