Colorado Cycling Development Fund

Analysis

Colorado Cycling Development Fund is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in August 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, Colorado Cycling Development Fund reported income of $127k and spending of $105k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $107k to $127k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Colorado Cycling Development Fund sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 40th percentile within CO. Charities of a similar size with the same main cause include Clavadistas Del Sol ($127k), Sandusky Bay Youth Baseball ($127k) and Endicott Youth Baseball Inc ($127k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.