Colorado Bighorns 2029 Corp

Analysis

Colorado Bighorns 2029 Corp is a registered charity in United States, based in Grand JCT, CO. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Colorado Bighorns 2029 Corp reported income of $104k and spending of $85k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $78k to $104k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 82% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Colorado Bighorns 2029 Corp sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 34th percentile within CO. Charities of a similar size with the same main cause include Skate Company Skating Club ($104k), Wai-Kahala Athletic Club ($104k) and Derry Diamond Athletic Association ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 8.9% and program service revenue 10% of the total. At year end it held assets of $52k against liabilities of $0, net assets of $52k.