Fremont Adventure Recreation

Analysis

Fremont Adventure Recreation is a registered charity in United States, based in Canon City, CO. It received its IRS tax-exemption ruling in August 2014, 12 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, Fremont Adventure Recreation reported income of $164k and spending of $97k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $154k to $164k (+6.7%), an average of +1.6% a year. The sharpest change came in the year to December 2022, when income rose by 17%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Fremont Adventure Recreation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within CO. Charities of a similar size with the same main cause include Jr Wolves Football and Cheerleadingassociation ($164k), Goleta Valley Girls Softball Assoc ($164k) and Amarillo Rush Soccer Club ($164k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $6,200 (6.4% of expenses). At year end it held assets of $127k against liabilities of $0, net assets of $127k.