Assisi Homes-Colony Park Inc

Analysis

Assisi Homes-Colony Park Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in September 2018, 8 years ago. 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, Assisi Homes-Colony Park Inc reported income of $3.9m and spending of $3.5m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.9m to $3.9m (+1.4%), an average of +0.3% a year. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Assisi Homes-Colony Park Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CO. Charities of a similar size with the same main cause include A Better Chance Inc ($3.9m), Metropolitan Arts Council ($3.9m) and Volunteers for Youth Justice ($3.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 34% of the total. At year end it held assets of $10.8m against liabilities of $14.6m, net assets of -$3.8m.