Grand Valley Catholic Outreach Inc

Analysis

Grand Valley Catholic Outreach Inc is a registered charity in United States, based in Grand JCT, CO. It received its IRS tax-exemption ruling in November 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Grand Valley Catholic Outreach Inc reported income of $9.0m and spending of $2.8m, leaving 68% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $4.0m to $9.0m (+125%), an average of +22% a year. The sharpest change came in the year to June 2024, when income rose by 80%. Over the whole period it spent 57% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grand Valley Catholic Outreach Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CO. Charities of a similar size with the same main cause include Part of the Solution Inc ($9.0m), Kemmerer Village ($9.0m) and Inca Community Services Inc ($9.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 89% and program service revenue 6.3% of the total. Other salaries and wages came to $772k. At year end it held assets of $24.1m against liabilities of $1.3m, net assets of $22.8m. It reported 16 employees.