Colorado Melanoma Foundation Inc
Analysis
Colorado Melanoma Foundation Inc is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in November 2023, 3 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, Colorado Melanoma Foundation Inc reported income of $480k and spending of $400k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $231k to $480k (+108%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 424%. Over the whole period it spent 92% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Colorado Melanoma Foundation Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 67th percentile within CO. Charities of a similar size with the same main cause include Black Mountain Counseling Center Inc ($480k), Council on Aging of Florida Inc ($480k) and Tattva Foundation Inc ($480k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $142k. At year end it held assets of $333k against liabilities of $2,077, net assets of $331k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Other 2.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Black Mountain Counseling Center Inc | Black MTN | $480k |
| Council on Aging of Florida Inc | Gainesville | $480k |
| Tattva Foundation Inc | Windermere | $480k |
| Community Health Clinic of Butlercounty Inc | Butler | $480k |