Colorado Springs Youth Sports Complex Inc

Analysis

Colorado Springs Youth Sports Complex Inc is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in May 1997, 29 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, Colorado Springs Youth Sports Complex Inc reported income of $1.0m and spending of $657k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $784k to $1.0m (+29%), an average of +6.6% a year. The sharpest change came in the year to December 2023, when income rose by 183%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Colorado Springs Youth Sports Complex 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 79th percentile, and in the 78th percentile within CO. Charities of a similar size with the same main cause include Western Carolina State Fair Foundation Inc ($1.0m), Casa Soccer League ($1.0m) and Greater Canandaigua Civic Center Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $129k (20% of expenses). Other salaries and wages came to $44k. At year end it held assets of $5.2m against liabilities of $0, net assets of $5.2m. It reported 13 employees.