5150 Tourism Development Inc

Analysis

5150 Tourism Development Inc is a registered charity in United States, based in Casper, WY. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 June 2024, 5150 Tourism Development Inc reported income of $213k and spending of $348k, spending 164% of what it took in. Across the 3 years on record, from June 2021 to June 2024, income fell from $230k to $213k (-7.5%), an average of -3.8% a year. The sharpest change came in the year to June 2024, when income rose by 385%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, 5150 Tourism Development 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 55th percentile, and in the 53rd percentile within WY. Charities of a similar size with the same main cause include Desoto County Fair Association Inc ($213k), United Way of Miami County Inc ($213k) and Fresno Police and Neighborhood Watch Association ($213k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 64% and program service revenue 40% of the total. Other salaries and wages came to $3,708. At year end it held assets of $214k against liabilities of $19k, net assets of $195k. It reported 9 employees.