Top 20 Inc

Analysis

Top 20 Inc is a registered charity in United States, based in Crown Point, IN. It received its IRS tax-exemption ruling in April 2012, 14 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Top 20 Inc reported income of $110k and spending of $61k, leaving 44% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $48k to $110k (+128%), an average of +128% a year. The sharpest change came in the year to December 2023, when income rose by 128%. Over the whole period it spent 83% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Top 20 Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within IN. Charities of a similar size with the same main cause include Lancaster Creative Reuse ($110k), Taos Chamber Music Group ($110k) and Ikenobo Ikebana Society of Los Angeles Chapter ($110k).

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 $74k against liabilities of $0, net assets of $74k.