Colorado Golf Charities

Analysis

Colorado Golf Charities is a registered charity in United States, based in Windsor, CO. It received its IRS tax-exemption ruling in April 2021, 5 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, Colorado Golf Charities reported income of $1.9m and spending of $1.7m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $834k to $1.9m (+127%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 330%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Colorado Golf Charities sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within CO. Charities of a similar size with the same main cause include Wisconsin United Football Club Inc ($1.9m), California-Usa Wrestling Inc ($1.9m) and Camp Alexander Mack Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.8% and program service revenue 99% of the total. Other salaries and wages came to $335k. At year end it held assets of $665k against liabilities of $434k, net assets of $231k.