Code Black Indy Inc

Analysis

Code Black Indy Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Code Black Indy Inc reported income of $291k and spending of $292k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $266k to $291k (+9.3%), an average of +4.5% a year. The sharpest change came in the year to December 2023, when income rose by 74%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Code Black Indy Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within IN. Charities of a similar size with the same main cause include Twisters Inc of Champlin ($291k), Harrison Chamber Foundation Inc ($291k) and Balletrox Inc ($291k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $5,061 (1.7% of expenses). Other salaries and wages came to $92k. At year end it held assets of $45k against liabilities of $38k, net assets of $7,397. It reported 5 employees.