MSBL of Southern Colorado Inc
Analysis
MSBL of Southern Colorado Inc is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in November 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, MSBL of Southern Colorado Inc reported income of $111k and spending of $111k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $102k to $111k (+7.9%), an average of +3.9% a year. The sharpest change came in the year to December 2022, when income rose by 17%. Over the whole period it spent 99% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, MSBL of Southern Colorado Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 36th percentile within CO. Charities of a similar size with the same main cause include Centro Civico Cultural Dominicano ($111k), Blaze International Inc ($111k) and Greenwood Interfaith Ministries Inc ($111k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.9% of the total. At year end it held assets of $7,943 against liabilities of $0, net assets of $7,943.
Income and spending
Where the income comes from
- Contributions & grants 0.9%
- Other 99%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Centro Civico Cultural Dominicano | New York | $111k |
| Blaze International Inc | Blue Ridge | $111k |
| Greenwood Interfaith Ministries Inc | Greenwood | $111k |
| American SPCC | Carlsbad | $111k |