Deeply Ingrained Inc

Analysis

Deeply Ingrained Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Deeply Ingrained Inc reported income of $264k and spending of $260k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $161k to $264k (+64%), an average of +64% a year. The sharpest change came in the year to December 2023, when income rose by 64%. Over the whole period it spent 91% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Deeply Ingrained Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within IN. Charities of a similar size with the same main cause include Lantern Network ($264k), Junior Auxiliary of Tupelo Mississippi Inc ($264k) and Boys & Girls Clubs of Gadsden Etowah County ($264k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $59k (23% of expenses). Other salaries and wages came to $63k. At year end it held assets of $150k against liabilities of $36k, net assets of $114k. It reported 10 employees.