Denver Post Community Foundation

Analysis

Denver Post Community Foundation is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in July 2011, 15 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 2023, Denver Post Community Foundation reported income of $2.3m and spending of $2.3m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.6m to $2.3m (-36%), an average of -11% a year. The sharpest change came in the year to December 2022, when income dropped by 37%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Denver Post Community Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CO. Charities of a similar size with the same main cause include Brain Research Foundation ($2.3m), Hadar Bais Yaakov Inc ($2.3m) and United Way of Mower County Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $184k (7.8% of expenses). At year end it held assets of $1.9m against liabilities of $30k, net assets of $1.8m.