USA Climbing Foundation

Analysis

USA Climbing Foundation is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in September 2021, 5 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, USA Climbing Foundation reported income of $237k and spending of $582k, spending 245% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $229k to $237k (+3.7%), an average of +3.7% a year. Over the whole period it spent 174% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, USA Climbing Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within UT. Charities of a similar size with the same main cause include North Shore In-Line Marathon Inc ($237k), Lowen Soccer Club ($238k) and Youth Baseball of Reading Inc ($237k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $56k. At year end it held assets of $438k against liabilities of $448k, net assets of -$10k.