Tour de Steamboat

Analysis

Tour de Steamboat is a registered charity in United States, based in Steamboat SPR, CO. It received its IRS tax-exemption ruling in March 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 2023, Tour de Steamboat reported income of $165k and spending of $162k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $183k to $165k (-10%), an average of -10% a year. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Tour de Steamboat sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within CO. Charities of a similar size with the same main cause include Illusions Softball Association ($165k), Panthers Select Softball ($165k) and Northern Highlands Junior Football and Cheerleading Association Inc ($165k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 71% of the total. At year end it held assets of $9,606 against liabilities of $1,703, net assets of $7,903.