Grand Valley Lax Inc

Analysis

Grand Valley Lax Inc is a registered charity in United States, based in Grand JCT, CO. It received its IRS tax-exemption ruling in August 2008, 18 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Grand Valley Lax Inc reported income of $103k and spending of $102k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $91k to $103k (+14%), an average of +14% a year. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Grand Valley Lax Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 34th percentile within CO. Charities of a similar size with the same main cause include Johnson County Rural Fire District 1 ($103k), Bulldog Baseball Club Inc ($103k) and Rumson-Fair Haven Youth Lacrosse Association Inc ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 9.1% of the total. At year end it held assets of $50k against liabilities of $0, net assets of $50k.