Cherry Creek Diamond Club Inc

Analysis

Cherry Creek Diamond Club Inc is a registered charity in United States, based in Parker, CO. It received its IRS tax-exemption ruling in February 2024, 2 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Cherry Creek Diamond Club Inc reported income of $118k and spending of $126k, spending 107% of what it took in. Across the 2 years on record, from December 2019 to December 2023, income fell from $277k to $118k (-58%), an average of -58% a year. The sharpest change came in the year to December 2023, when income dropped by 58%. Over the whole period it spent 106% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cherry Creek Diamond Club Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 37th percentile within CO. Charities of a similar size with the same main cause include Little League Baseball Inc ($118k), Mandan Marlins Swim Club ($118k) and Westminster Community Foundation ($118k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 92% of the total. At year end it held assets of $96k against liabilities of $7,111, net assets of $89k.