Colorado Top Team

Analysis

Colorado Top Team is a registered charity in United States, based in Longmont, CO. It received its IRS tax-exemption ruling in December 2019, 7 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, Colorado Top Team reported income of $146k and spending of $138k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $78k to $146k (+87%), an average of +87% a year. The sharpest change came in the year to December 2023, when income rose by 87%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Colorado Top Team sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 43rd percentile within CO. Charities of a similar size with the same main cause include Charger Sports Association Inc ($146k), USA Hockey Inc ($146k) and Los Alamitos Football Booster Club ($146k).

At year end it held assets of $18k against liabilities of $0, net assets of $18k.