Wet Mt Valley Saddle Club Inc

Analysis

Wet Mt Valley Saddle Club Inc is a registered charity in United States, based in Westcliffe, CO. It received its IRS tax-exemption ruling in January 2006, 20 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Wet Mt Valley Saddle Club Inc reported income of $320k and spending of $293k, spending 92% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $278k to $320k (+15%), an average of +7.2% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 91% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Wet Mt Valley Saddle Club Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within CO. Charities of a similar size with the same main cause include Emlen W Hoag Foundation ($319k), Calvert Cannons Select Lacrosse Inc ($320k) and The Safety Place ($319k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 52% of the total. At year end it held assets of $568k against liabilities of $256k, net assets of $312k.