Paradox Community Trust

Analysis

Paradox Community Trust is a registered charity in United States, based in Telluride, CO. It received its IRS tax-exemption ruling in September 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, Paradox Community Trust reported income of $2.5m and spending of $242k, leaving 90% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $3.4m to $2.5m (-26%), an average of -14% a year. The sharpest change came in the year to December 2023, when income rose by 585%. Over the whole period it spent 5.5% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Paradox Community Trust sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CO. Charities of a similar size with the same main cause include Crosscut Mountain Sports Center Inc ($2.5m), Anchorage Hockey Association Ltd ($2.5m) and Intercollegiate Womens Lacrosse Coaches Association Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 295% of the total. At year end it held assets of $21.4m against liabilities of $16.4m, net assets of $5.0m.