Douglas County Veterans Monument Foundation Corp

Analysis

Douglas County Veterans Monument Foundation Corp is a registered charity in United States, based in Castle Rock, CO. It received its IRS tax-exemption ruling in November 2011, 15 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Douglas County Veterans Monument Foundation Corp reported income of $574k and spending of $125k, leaving 78% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $80k to $574k (+616%), an average of +616% a year. The sharpest change came in the year to December 2023, when income rose by 616%. Over the whole period it spent 27% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Douglas County Veterans Monument Foundation Corp sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within CO. Charities of a similar size with the same main cause include Contemporary Dayton Inc ($574k), Triskelion Arts-Kick-Standance Inc ($574k) and Parkersburg Art Center Inc ($574k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 15% of the total. At year end it held assets of $691k against liabilities of $0, net assets of $691k.