Headwaters Trails Alliance

Analysis

Headwaters Trails Alliance is a registered charity in United States, based in Granby, CO. It received its IRS tax-exemption ruling in January 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, Headwaters Trails Alliance reported income of $891k and spending of $910k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $388k to $891k (+129%), an average of +23% a year. The sharpest change came in the year to December 2020, when income rose by 69%. 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, Headwaters Trails Alliance sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within CO. Charities of a similar size with the same main cause include Coconut Grove Sailing Club Instructional Center Inc ($891k), Philadelphia Community Empowerment Through Soccer ($892k) and Ice Dogs Hockey Association ($891k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $81k (8.9% of expenses). Other salaries and wages came to $219k. At year end it held assets of $288k against liabilities of $13k, net assets of $274k. It reported 16 employees.