Trails 2000 Inc

Analysis

Trails 2000 Inc is a registered charity in United States, based in Durango, CO. It received its IRS tax-exemption ruling in February 1995, 31 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, Trails 2000 Inc reported income of $392k and spending of $321k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $242k to $392k (+62%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 32%. Over the whole period it spent 85% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Trails 2000 Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within CO. Charities of a similar size with the same main cause include Greenwich Sailing School Inc ($392k), Chugiak Youth Sports Assoc ($392k) and Cascade Soccer Club ($392k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $81k (25% of expenses). Other salaries and wages came to $83k. At year end it held assets of $465k against liabilities of $1,901, net assets of $463k. It reported 14 employees.