Western Heritage Event Center Inc

Analysis

Western Heritage Event Center Inc is a registered charity in United States, based in Pagosa SPGS, CO. It received its IRS tax-exemption ruling in November 2004, 22 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, Western Heritage Event Center Inc reported income of $1.2m and spending of $366k, leaving 69% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $109k to $1.2m (+966%), an average of +120% a year. The sharpest change came in the year to December 2021, when income rose by 348%. Over the whole period it spent 55% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Western Heritage Event Center Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within CO. Charities of a similar size with the same main cause include James Island Soccer Club Inc ($1.2m), Westside Bullets Softball Club ($1.2m) and Washington County Public Golf Corporation ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 10% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.