Steamboat Springs Discovery Learning Center

Analysis

Steamboat Springs Discovery Learning Center is a registered charity in United States, based in Steamboat SPR, CO. It received its IRS tax-exemption ruling in November 1985, 41 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 August 2023, Steamboat Springs Discovery Learning Center reported income of $1.3m and spending of $1.2m, spending 96% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.1m to $1.3m (+13%), an average of +3.1% a year. The sharpest change came in the year to August 2021, when income rose by 15%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Steamboat Springs Discovery Learning Center sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within CO. Charities of a similar size with the same main cause include Mason County Senior Activities Association ($1.3m), Quayle Home Care ($1.3m) and Park Hill Residence Inc ($1.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 42% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $115k (9.5% of expenses). Other salaries and wages came to $589k. At year end it held assets of $1.0m against liabilities of $579k, net assets of $451k. It reported 23 employees.