New Era Colorado Foundation

Analysis

New Era Colorado Foundation is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in July 2008, 18 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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 December 2023, New Era Colorado Foundation reported income of $2.0m and spending of $1.6m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $2.0m (+47%), an average of +10% a year. The sharpest change came in the year to December 2020, when income rose by 214%. Over the whole period it spent 83% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, New Era Colorado Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CO. Charities of a similar size with the same main cause include Disability Rights Oklahoma Inc ($2.0m), PHD Project Association ($2.0m) and Alabama Law Foundation Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $158k (10% of expenses). Other salaries and wages came to $685k. At year end it held assets of $4.2m against liabilities of $671k, net assets of $3.5m. It reported 23 employees.