Fibark Community Paddling Center

Analysis

Fibark Community Paddling Center is a registered charity in United States, based in Salida, CO. It received its IRS tax-exemption ruling in February 2015, 11 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 2022, Fibark Community Paddling Center reported income of $266k and spending of $211k, leaving 21% of income unspent that year. Across the 3 years on record, from December 2018 to December 2022, income grew from $226k to $266k (+18%), an average of +8.5% a year. The sharpest change came in the year to December 2022, when income rose by 31%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Fibark Community Paddling Center sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within CO. Charities of a similar size with the same main cause include Supreme Water Polo Club ($266k), Team Pittsburgh ($266k) and Lake Side Elite ($266k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 94% of the total. At year end it held assets of $489k against liabilities of $38k, net assets of $450k.