Durango Cowboy Poetry Gathering Inc

Analysis

Durango Cowboy Poetry Gathering Inc is a registered charity in United States, based in Durango, CO. It received its IRS tax-exemption ruling in July 1991, 35 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 December 2023, Durango Cowboy Poetry Gathering Inc reported income of $117k and spending of $79k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $118k to $117k (-1.4%), an average of -1.4% a year. Over the whole period it spent 61% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Durango Cowboy Poetry Gathering Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 37th percentile within CO. Charities of a similar size with the same main cause include Brian Bex Report Inc ($117k), Mount Shasta Trail Association Inc ($117k) and Milwaukee Youth Theatre Inc ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 24% of the total. At year end it held assets of $137k against liabilities of $0, net assets of $137k.