Crested Butte Development Team

Analysis

Crested Butte Development Team is a registered charity in United States, based in Crested Butte, CO. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Crested Butte Development Team reported income of $328k and spending of $317k, spending 97% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $212k to $328k (+54%), an average of +24% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Crested Butte Development Team sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within CO. Charities of a similar size with the same main cause include King of Prussia Soccer Club ($328k), Michigan Scholastic Cycling Association ($328k) and Camp Claire Inc ($328k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $56k (18% of expenses). Other salaries and wages came to $113k. At year end it held assets of $66k against liabilities of $6,113, net assets of $60k. It reported 42 employees.