Altitude Youth Ultimate

Analysis

Altitude Youth Ultimate is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in May 2017, 9 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, Altitude Youth Ultimate reported income of $381k and spending of $349k, spending 92% of its income. Across the 5 years on record, from December 2018 to December 2023, income grew from $184k to $381k (+107%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Altitude Youth Ultimate sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 63rd percentile within CO. Charities of a similar size with the same main cause include First Tee of Benton Harbor Inc ($381k), Minot Indoor Rodeo Inc ($381k) and Visalia South American Little League ($380k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.9% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $182k (52% of expenses). At year end it held assets of $165k against liabilities of $115k, net assets of $50k. It reported 3 employees.