Civic Canopy

Analysis

Civic Canopy is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2023, Civic Canopy reported income of $1.2m and spending of $1.2m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.4m to $1.2m (-14%), an average of -3.6% a year. The sharpest change came in the year to June 2023, when income rose by 16%. Over the whole period it spent 103% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Civic Canopy sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within CO. Charities of a similar size with the same main cause include Near West Side Partners Inc ($1.2m), Ajo Center for Sustainable Agriculture ($1.2m) and Fordham Road District Management Association Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.3% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $134k (11% of expenses). Other salaries and wages came to $502k. At year end it held assets of $923k against liabilities of $158k, net assets of $765k. It reported 13 employees.