Colorado Springs Debutante Ball Committee Inc

Analysis

Colorado Springs Debutante Ball Committee Inc is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in August 1968, 58 years ago. 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 February 2024, Colorado Springs Debutante Ball Committee Inc reported income of $99k and spending of $97k, spending 98% of its income. Across the 2 years on record, from February 2023 to February 2024, income fell from $131k to $99k (-24%), an average of -24% a year. The sharpest change came in the year to February 2024, when income dropped by 24%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Colorado Springs Debutante Ball Committee Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 33rd percentile within CO. Charities of a similar size with the same main cause include Northwest Flyers Incorporated ($99k), Brooklyn Parents for Peace Inc ($99k) and Connecticut Association of Latin Americans in Higher Education Inc ($99k).

On its Form 990-EZ for the period ending February 2024, revenue came from contributions and grants 23% and program service revenue 75% of the total. At year end it held assets of $77k against liabilities of $677, net assets of $76k.