Revolution5

Analysis

Revolution5 is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in July 2014, 12 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, Revolution5 reported income of $550k and spending of $658k, spending 120% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $298k to $550k (+85%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 50%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Revolution5 sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 69th percentile within CO. Charities of a similar size with the same main cause include Utah Restaurant Association Foundation ($550k), Bexley Community Improvement Corporation ($550k) and Greater JFK District Management Association Inc ($550k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $93k (14% of expenses). Other salaries and wages came to $46k. At year end it held assets of $143k against liabilities of $44k, net assets of $99k. It reported 5 employees.