Colorado High School Cycling League

Analysis

Colorado High School Cycling League is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in March 2013, 13 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Colorado High School Cycling League reported income of $1.4m and spending of $1.3m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $844k to $1.4m (+66%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 256%. Over the whole period it spent 91% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Colorado High School Cycling League sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within CO. Charities of a similar size with the same main cause include Boys & Girls Club of Lawrence County Incorporated ($1.4m), Project Transformation North Texas ($1.4m) and Warrior Dog Foundation ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $109k (8.1% of expenses). Other salaries and wages came to $194k. At year end it held assets of $917k against liabilities of $62k, net assets of $856k. It reported 35 employees.