Colonia Cyclones

Analysis

Colonia Cyclones is a registered charity in United States, based in Colonia, NJ. It received its IRS tax-exemption ruling in November 2018, 8 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 September 2023, Colonia Cyclones reported income of $160k and spending of $140k, spending 87% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $119k to $160k (+35%), an average of +35% a year. The sharpest change came in the year to September 2023, when income rose by 35%. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Colonia Cyclones sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 56th percentile within NJ. Charities of a similar size with the same main cause include Glenview Titan Fastpitch Association ($160k), Parkville Living Center ($160k) and Cheboygan Hockey Association ($160k).

On its Form 990-EZ for the period ending September 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $54k against liabilities of $0, net assets of $54k.