Custer 2020 Inc

Analysis

Custer 2020 Inc is a registered charity in United States, based in Westcliffe, CO. It received its IRS tax-exemption ruling in January 1998, 28 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 (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, Custer 2020 Inc reported income of $341k and spending of $328k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $151k to $341k (+126%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 142%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Custer 2020 Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within CO. Charities of a similar size with the same main cause include Old Takoma Business Association Inc ($341k), Urban University ($342k) and Gateway to Leadership ($341k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 57% of the total. Other salaries and wages came to $66k. At year end it held assets of $1.1m against liabilities of $58k, net assets of $1.1m. It reported 12 employees.