Colorado Miners Inc

Analysis

Colorado Miners Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in June 2009, 17 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, Colorado Miners Inc reported income of $127k and spending of $161k, spending 126% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $151k to $127k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 115% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Colorado Miners Inc 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 Solano Mustangs Pop Warner Football & Cheer Inc ($127k), Ignite Soccer Club ($127k) and Columbus Softball Association ($127k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. At year end it held assets of $992 against liabilities of $70k, net assets of -$69k.