Adaptive Sports Center of Crested Butte Inc

Analysis

Adaptive Sports Center of Crested Butte Inc is a registered charity in United States, based in Crested Butte, CO. It received its IRS tax-exemption ruling in April 1999, 27 years ago. 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, Adaptive Sports Center of Crested Butte Inc reported income of $4.8m and spending of $4.2m, spending 88% of its income. Across the 5 years on record, from April 2020 to April 2024, income fell from $7.1m to $4.8m (-33%), an average of -9.6% a year. The sharpest change came in the year to April 2022, when income rose by 61%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Adaptive Sports Center of Crested Butte Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CO. Charities of a similar size with the same main cause include Travelers Aid Society of Pittsburgh ($4.8m), Blessings Abound Kansas City Inc ($4.8m) and Chicago Cubs Charities ($4.8m).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 83% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $341k (8.2% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $20.9m against liabilities of $424k, net assets of $20.5m. It reported 52 employees.