12 Hours of Mesa Verde Inc

Analysis

12 Hours of Mesa Verde Inc is a registered charity in United States, based in Cortez, CO. It received its IRS tax-exemption ruling in August 2024, 2 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, 12 Hours of Mesa Verde Inc reported income of $135k and spending of $138k, spending 102% of its income. Across the 6 years on record, from December 2015 to December 2023, income grew from $94k to $135k (+44%), an average of +7.6% a year. The sharpest change came in the year to December 2022, when income rose by 75%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, 12 Hours of Mesa Verde Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 41st percentile within CO. Charities of a similar size with the same main cause include Circle Theatre Inc ($135k), Road Runners Club of America ($135k) and West Salem Emergency Medical Team Inc ($135k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $10k against liabilities of $0, net assets of $10k.