Grand Lake Trail Grooming Inc

Analysis

Grand Lake Trail Grooming Inc is a registered charity in United States, based in Grand Lake, CO. It received its IRS tax-exemption ruling in February 1984, 42 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 December 2023, Grand Lake Trail Grooming Inc reported income of $233k and spending of $52k, leaving 78% of income unspent that year. Across the 5 years on record, from September 2019 to December 2023, income fell from $255k to $233k (-8.5%), an average of -2.2% a year. The sharpest change came in the year to September 2023, when income rose by 59%. Over the whole period it spent 83% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Grand Lake Trail Grooming Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within CO. Charities of a similar size with the same main cause include Dexter Community Aquatic Club ($233k), Amherst Hockey Association Inc ($233k) and Elizabethtown Volleyball Academy ($233k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 4.3% of the total. Compensation of current officers, directors and key employees was $8,234 (16% of expenses). It paid $1,600 in professional fundraising fees. At year end it held assets of $489k against liabilities of $35k, net assets of $454k. It reported 1 employees.