Coulee Alpine Racing Inc

Analysis

Coulee Alpine Racing Inc is a registered charity in United States, based in LA Crosse, WI. It received its IRS tax-exemption ruling in April 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2024, Coulee Alpine Racing Inc reported income of $124k and spending of $113k, spending 91% of its income. Across the 2 years on record, from April 2023 to April 2024, income grew from $111k to $124k (+12%), an average of +12% a year. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Coulee Alpine Racing Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within WI. Charities of a similar size with the same main cause include Bedford Crew Club ($124k), Little League ($124k) and Triboro Youth Soccer Club Inc ($124k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 75% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $29k (25% of expenses). Other salaries and wages came to $18k. At year end it held assets of $43k against liabilities of $0, net assets of $43k. It reported 6 employees.