Coloma River Races Inc

Analysis

Coloma River Races Inc is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in November 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, Coloma River Races Inc reported income of $59k and spending of $48k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $35k to $59k (+70%), an average of +70% a year. The sharpest change came in the year to December 2023, when income rose by 70%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Coloma River Races Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within CA. Charities of a similar size with the same main cause include Little League Baseball Inc ($59k), Westmoreland BMX Association ($59k) and United States Bowling Congress Inc ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.