Community College of Denver Foundation

Analysis

Community College of Denver Foundation is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in January 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Community College of Denver Foundation reported income of $3.1m and spending of $1.8m, leaving 42% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.4m to $3.1m (+119%), an average of +30% a year. The sharpest change came in the year to June 2023, when income rose by 219%. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Community College of Denver Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CO. Charities of a similar size with the same main cause include Isidore Newman School Foundation ($3.1m), Snow College Foundation ($3.1m) and Brockway Recreational Revitalization Plan Group ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $4.1m against liabilities of $631k, net assets of $3.5m. It reported 8 employees.