Police Foundation of Colorado Springs

Analysis

Police Foundation of Colorado Springs is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in January 2010, 16 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2022, Police Foundation of Colorado Springs reported income of $290k and spending of $259k, spending 89% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $170k to $290k (+70%), an average of +19% a year. The sharpest change came in the year to December 2020, when income rose by 55%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Police Foundation of Colorado Springs sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within CO. Charities of a similar size with the same main cause include Etcf Support Foundation ($289k), Amplify My Community Inc ($290k) and LA Habra Host Lions Foundation ($289k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $10k (3.9% of expenses). At year end it held assets of $302k against liabilities of $0, net assets of $302k.