Colorado Clean Energy Fund

Analysis

Colorado Clean Energy Fund is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Colorado Clean Energy Fund reported income of $2.7m and spending of $2.0m, leaving 26% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $26.0m to $2.7m (-90%), an average of -68% a year. The sharpest change came in the year to December 2022, when income dropped by 86%. Over the whole period it spent 9.9% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Colorado Clean Energy Fund sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CO. Charities of a similar size with the same main cause include Rio Grande Headwaters Land TR a Colorado Nonprofit Corporation ($2.7m), Exploring New Horizons ($2.7m) and Botanical Society of America Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $695k (35% of expenses). Other salaries and wages came to $374k. At year end it held assets of $35.7m against liabilities of $6.5m, net assets of $29.1m. It reported 10 employees.