Crestone Eagle Community Media

Analysis

Crestone Eagle Community Media is a registered charity in United States, based in Crestone, CO. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Crestone Eagle Community Media reported income of $157k and spending of $190k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $157k (+60%), an average of +60% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Crestone Eagle Community Media sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 45th percentile within CO. Charities of a similar size with the same main cause include Taylor 4-H and Ffa Booster Club ($157k), Good News for Life Inc ($157k) and Tri-Boro Food Pantry ($157k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. At year end it held assets of $89k against liabilities of $2,843, net assets of $86k.