USA Triathlon of Colorado

Analysis

USA Triathlon of Colorado is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in March 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, USA Triathlon of Colorado reported income of $17.4m and spending of $19.4m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $15.5m to $17.4m (+12%), an average of +3.0% a year. The sharpest change came in the year to December 2021, when income rose by 76%. Over the whole period it spent 107% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, USA Triathlon of Colorado sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CO. Charities of a similar size with the same main cause include Albuquerque International Balloon Fiesta Inc ($17.2m), American Junior Golf Association ($17.5m) and Florida Citrus Sports Events Inc ($17.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $824k (4.2% of expenses). Other salaries and wages came to $4.4m. At year end it held assets of $15.7m against liabilities of $8.6m, net assets of $7.2m. It reported 90 employees.