Rocky Mountain Golden Gloves Charities

Analysis

Rocky Mountain Golden Gloves Charities is a registered charity in United States, based in South Jordan, UT. It received its IRS tax-exemption ruling in July 2019, 7 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, Rocky Mountain Golden Gloves Charities reported income of $184k and spending of $272k, spending 147% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $258k to $184k (-28%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. 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, Rocky Mountain Golden Gloves Charities sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within UT. Charities of a similar size with the same main cause include MPK Baseball and Softball Inc ($184k), United States Bowling Congress Inc ($184k) and Heroes on Horseback ($184k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $301k against liabilities of $0, net assets of $301k.