Co Alas

Analysis

Co Alas is a registered charity in United States, based in Longmont, CO. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Co Alas reported income of $192k and spending of $233k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $137k to $192k (+40%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Co Alas 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 53rd percentile, and in the 49th percentile within CO. Charities of a similar size with the same main cause include Wolcott Foundation Inc ($192k), Friends of the Arlington County Library ($192k) and National Institute for Healthcareeducation & Training ($192k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 29% of the total. At year end it held assets of $74k against liabilities of $0, net assets of $74k.