Broadmoor Skating Club Inc

Analysis

Broadmoor Skating Club Inc is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Broadmoor Skating Club Inc reported income of $256k and spending of $184k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $395k to $256k (-35%), an average of -10% a year. The sharpest change came in the year to December 2021, when income rose by 271%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Broadmoor Skating Club Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within CO. Charities of a similar size with the same main cause include Divine Mercy Park Inc ($256k), Valley City Baseball Association ($257k) and Seacoast Womens Hockey Association ($256k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 83% of the total. At year end it held assets of $588k against liabilities of $0, net assets of $588k.