Rugby Colorado Inc

Analysis

Rugby Colorado Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in January 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, Rugby Colorado Inc reported income of $234k and spending of $254k, spending 109% of what it took in. Across the 4 years on record, from December 2018 to December 2023, income fell from $304k to $234k (-23%), an average of -8.4% a year. The sharpest change came in the year to December 2022, when income dropped by 31%. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Rugby Colorado 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 Faribault Ice Arena Association ($234k), Montville Athletic League Inc ($234k) and Nazareth Soccer Club ($234k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.2% and program service revenue 98% of the total. Other salaries and wages came to $61k. At year end it held assets of $20k against liabilities of $0, net assets of $20k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.