Black Forest Soaring Society Incorporated

Analysis

Black Forest Soaring Society Incorporated is a registered charity in United States, based in Monument, CO. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Black Forest Soaring Society Incorporated reported income of $165k and spending of $120k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $157k to $165k (+4.9%), an average of +4.9% a year. Over the whole period it spent 80% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Black Forest Soaring Society Incorporated sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within CO. Charities of a similar size with the same main cause include Washington Emergency Squad ($165k), East Sullivan County Volunteer Fire Department Inc ($165k) and Laurelton Fire Co No 1 Inc ($165k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.5% and program service revenue 59% of the total. At year end it held assets of $270k against liabilities of $26k, net assets of $244k.