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 October 2022, 4 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Carbon Neutral Indiana Inc reported income of $164k and spending of $156k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $40k to $164k (+308%), an average of +308% a year. The sharpest change came in the year to December 2023, when income rose by 308%. Over the whole period it spent 90% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Carbon Neutral Indiana Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 48th percentile within IN. Charities of a similar size with the same main cause include Valley View Foundation ($164k), Justice and Mercy Services Inc ($164k) and Reno Gem and Mineral Society Inc ($163k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $25k against liabilities of $3,958, net assets of $21k.