Clinica Colorado

Analysis

Clinica Colorado is a registered charity in United States, based in Westminster, CO. It received its IRS tax-exemption ruling in March 2011, 15 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Clinica Colorado reported income of $1.4m and spending of $2.7m, spending 193% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $1.4m (-5.6%), an average of -1.4% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 111% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Clinica Colorado sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within CO. Charities of a similar size with the same main cause include Hale Foundation Inc ($1.4m), Launch ($1.4m) and Samaritan Counseling Center of Southeastern Michigan ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $121k (4.5% of expenses). Other salaries and wages came to $904k. At year end it held assets of $1.2m against liabilities of $301k, net assets of $895k. It reported 31 employees.