Westminster Community Foundation

Analysis

Westminster Community Foundation is a registered charity in United States, based in Westminster, CO. It received its IRS tax-exemption ruling in September 2001, 25 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, Westminster Community Foundation reported income of $118k and spending of $148k, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $266k to $118k (-56%), an average of -18% a year. The sharpest change came in the year to December 2022, when income rose by 102%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Westminster Community Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 37th percentile within CO. Charities of a similar size with the same main cause include Warren Township Youth Football Inc ($118k), Little League Baseball Inc ($118k) and Arizona Aquatic Club Inc ($117k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $300k against liabilities of $43k, net assets of $258k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.