Salinas Colts & Broncos Inc

Analysis

Salinas Colts & Broncos Inc is a registered charity in United States, based in Salinas, CA. It received its IRS tax-exemption ruling in March 2017, 9 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Salinas Colts & Broncos Inc reported income of $200k and spending of $219k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $157k to $200k (+27%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Salinas Colts & Broncos Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Palmyra Recreation Association ($200k), Hanover Diamond Sports Inc ($200k) and Friends of the Fort Collins Bicycleprogram Inc ($200k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.9% and program service revenue 72% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.