Colorado Association of Snowmobile Clubs Inc

Analysis

Colorado Association of Snowmobile Clubs Inc is a registered charity in United States, based in Hartsel, CO. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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 April 2024, Colorado Association of Snowmobile Clubs Inc reported income of $155k and spending of $143k, spending 92% of its income. Across the 3 years on record, from April 2022 to April 2024, income fell from $204k to $155k (-24%), an average of -13% a year. The sharpest change came in the year to April 2023, when income dropped by 30%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Colorado Association of Snowmobile Clubs Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 44th percentile within CO. Charities of a similar size with the same main cause include Bicycle Cooperative of Fort Collins Inc ($155k), Centro Nazareno de Compasion Agape Inc ($155k) and Neighborhood Markets Incorporated ($155k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 27% of the total. At year end it held assets of $160k against liabilities of $0, net assets of $160k.