Great Lakes District Ite

Analysis

Great Lakes District Ite is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Great Lakes District Ite reported income of $156k and spending of $166k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $115k to $156k (+36%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Great Lakes District Ite sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within IN. Charities of a similar size with the same main cause include Bitterroot Celtic Society ($156k), Waupun Festivals Inc ($156k) and Ancient Cedars ($156k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 43% of the total. At year end it held assets of $137k against liabilities of $0, net assets of $137k.