Great Falls Colts Limited

Analysis

Great Falls Colts Limited is a registered charity in United States, based in Great Falls, VA. It received its IRS tax-exemption ruling in January 2023, 3 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 January 2024, Great Falls Colts Limited reported income of $105k and spending of $48k, leaving 54% of income unspent that year. Across the 2 years on record, from January 2023 to January 2024, income grew from $63k to $105k (+67%), an average of +67% a year. The sharpest change came in the year to January 2024, when income rose by 67%. Over the whole period it spent 57% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Great Falls Colts Limited sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 38th percentile within VA. Charities of a similar size with the same main cause include Rapid City BMX ($105k), Friends of the Calaveras County Fair &jumping Frog Jubilee Foundat ($105k) and Greater Pittsburgh Usbc ($105k).

On its Form 990-EZ for the period ending January 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $72k against liabilities of $0, net assets of $72k.