Thompson Valley Art League

Analysis

Thompson Valley Art League is a registered charity in United States, based in Loveland, CO. It received its IRS tax-exemption ruling in September 1980, 46 years ago. 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, Thompson Valley Art League reported income of $151k and spending of $110k, leaving 27% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $112k to $151k (+34%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Thompson Valley Art League sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within CO. Charities of a similar size with the same main cause include Humboldt Youth Soccer League Inc ($151k), Morton F Plant Hospital Trust 0412 First National Bank Ttee Trust Dep ($151k) and Multicare Foundation Inc ($151k).

At year end it held assets of $148k against liabilities of $655, net assets of $147k.