Spirit of Columbia Gardens Carousel Foundation Inc

Analysis

Spirit of Columbia Gardens Carousel Foundation Inc is a registered charity in United States, based in Butte, MT. It received its IRS tax-exemption ruling in April 1997, 29 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, Spirit of Columbia Gardens Carousel Foundation Inc reported income of $175k and spending of $200k, spending 114% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $89k to $175k (+97%), an average of +25% a year. The sharpest change came in the year to December 2021, when income rose by 104%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Spirit of Columbia Gardens Carousel Foundation Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within MT. Charities of a similar size with the same main cause include First Step Champions Inc ($175k), Silver Bow Amateur Wrestling Association Inc ($175k) and Centennial Youth Lacrosse Association ($175k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% of the total. Compensation of current officers, directors and key employees was $73k (37% of expenses). At year end it held assets of $752k against liabilities of $47k, net assets of $706k.