Ouray Ice Park Incorporated

Analysis

Ouray Ice Park Incorporated is a registered charity in United States, based in Ouray, CO. It received its IRS tax-exemption ruling in April 1998, 28 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 June 2023, Ouray Ice Park Incorporated reported income of $657k and spending of $511k, leaving 22% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $229k to $657k (+186%), an average of +42% a year. The sharpest change came in the year to June 2021, when income rose by 126%. Over the whole period it spent 76% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ouray Ice Park Incorporated sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within CO. Charities of a similar size with the same main cause include Champlin Park Hockey Association ($657k), Soccer Club of Cranford Inc ($658k) and Catholic Youth League Inc ($657k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $68k (13% of expenses). Other salaries and wages came to $233k. At year end it held assets of $773k against liabilities of $60k, net assets of $713k. It reported 12 employees.