Telluride Foundation

Analysis

Telluride Foundation is a registered charity in United States, based in Telluride, CO. It received its IRS tax-exemption ruling in December 2000, 26 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, Telluride Foundation reported income of $5.6m and spending of $5.2m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.2m to $5.6m (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2020, when income rose by 88%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Telluride Foundation sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CO. Charities of a similar size with the same main cause include Rising Sun Center for Opportunity ($5.6m), Special Olympics Massachusetts Inc ($5.6m) and Georgia State Golf Association Inc ($5.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 8.5% of the total. Other salaries and wages came to $927k. At year end it held assets of $17.1m against liabilities of $2.9m, net assets of $14.2m. It reported 10 employees.