Sky Corral

Analysis

Sky Corral is a registered charity in United States, based in Bellvue, CO. It received its IRS tax-exemption ruling in August 2009, 17 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Sky Corral reported income of $448k and spending of $396k, spending 88% of its income. Across the 6 years on record, from September 2019 to December 2023, income grew from $130k to $448k (+243%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 312%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sky Corral sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within CO. Charities of a similar size with the same main cause include Heart of a Man Inc ($448k), Deeper Still ($448k) and Oxfords Interfaith Compassion Ministry ($448k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. Other salaries and wages came to $154k. At year end it held assets of $2.5m against liabilities of $25k, net assets of $2.4m. It reported 1 employees.