Leadville Trail 100 Legacy Inc

Analysis

Leadville Trail 100 Legacy Inc is a registered charity in United States, based in Leadville, CO. It received its IRS tax-exemption ruling in June 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Leadville Trail 100 Legacy Inc reported income of $1.0m and spending of $386k, leaving 62% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $660k to $1.0m (+52%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 884%. Over the whole period it spent 41% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Leadville Trail 100 Legacy Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within CO. Charities of a similar size with the same main cause include JCF Weisberg Mortimer Mem FD Trust ($1.0m), Germantown Charity Horse Show Inc ($1.0m) and Carolina Hurricanes Foundation Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% of the total. Compensation of current officers, directors and key employees was $74k (19% of expenses). Other salaries and wages came to $52k. At year end it held assets of $2.5m against liabilities of $4,184, net assets of $2.5m. It reported 2 employees.