Carbon Neutral Indiana Inc

Analysis

Carbon Neutral Indiana Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Carbon Neutral Indiana Inc reported income of $93k and spending of $5,620, leaving 94% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $9,091 to $93k (+927%), an average of +927% a year. The sharpest change came in the year to June 2023, when income rose by 927%. Over the whole period it spent 6.1% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Carbon Neutral Indiana Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within IN. Charities of a similar size with the same main cause include Montgomery Blair High School Alumni Association Inc ($93k), East Helena PTO ($93k) and James Madison High School Band-Flag Parents Booster Club Inc ($93k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 2.2% of the total. At year end it held assets of $96k against liabilities of $0, net assets of $96k.