T-Bolts Group Inc

Analysis

T-Bolts Group Inc is a registered charity in United States, based in Montrose, CO. It received its IRS tax-exemption ruling in November 2013, 13 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, T-Bolts Group Inc reported income of $59k and spending of $60k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $59k (+15%), an average of +15% a year. Over the whole period it spent 54% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, T-Bolts Group Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 20th percentile within CO. Charities of a similar size with the same main cause include Cultural Awareness Organization ($59k), Theatreworks Community Players Inc ($59k) and Hillsborough Community Media ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $148k against liabilities of $0, net assets of $148k.