USA Climbing

Analysis

USA Climbing is a registered charity in United States, based in Salt Lake City, UT. It received its IRS tax-exemption ruling in November 1998, 28 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, USA Climbing reported income of $21.4m and spending of $7.4m, leaving 65% of income unspent that year. Across the 6 years on record, from August 2019 to December 2023, income grew from $4.3m to $21.4m (+395%), an average of +38% a year. The sharpest change came in the year to December 2022, when income rose by 706%. Over the whole period it spent 67% 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 sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within UT. Charities of a similar size with the same main cause include Lulus Place Inc ($21.1m), Kaboom Inc ($21.5m) and Young Mens Christian Association of Greater Waukesha County Inc ($21.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $259k (3.5% of expenses). Other salaries and wages came to $1.1m. It paid $81k in professional fundraising fees. At year end it held assets of $17.2m against liabilities of $3.0m, net assets of $14.2m. It reported 44 employees.