Medicine Wheel Trail Advocates Inc

Analysis

Medicine Wheel Trail Advocates Inc is a registered charity in United States, based in Colorado Springs, CO. It received its IRS tax-exemption ruling in March 2007, 19 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, Medicine Wheel Trail Advocates Inc reported income of $105k and spending of $95k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $111k to $105k (-5.0%), an average of -5.0% a year. Over the whole period it spent 109% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Medicine Wheel Trail Advocates Inc sits at the 48th percentile: it is larger than about 48% 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 Hollis Brookline Cavaliers Soccer Club Inc ($105k), Jordan Basketball Association ($105k) and Charlton-Dudley Youth Football & Cheer Association Inc ($105k).

On its Form 990-EZ 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 $97k against liabilities of $6,184, net assets of $91k.