Aspen Hope Center

Analysis

Aspen Hope Center is a registered charity in United States, based in Basalt, CO. It received its IRS tax-exemption ruling in May 2013, 13 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Aspen Hope Center reported income of $4.0m and spending of $3.5m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $4.0m (+40%), an average of +8.8% a year. The sharpest change came in the year to December 2020, when income rose by 39%. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Aspen Hope Center sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CO. Charities of a similar size with the same main cause include Cancer for College ($4.0m), Diatribe Foundation ($4.0m) and Evergreen Fund ($4.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $210k (6.0% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $3.9m against liabilities of $444k, net assets of $3.4m. It reported 50 employees.