Colorado Bioscience Institute

Analysis

Colorado Bioscience Institute is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in January 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 (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 Bioscience Institute reported income of $306k and spending of $382k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $199k to $306k (+53%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 112%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Colorado Bioscience Institute sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within CO. Charities of a similar size with the same main cause include U a Local 716 Apprenticeship and Training Trust ($306k), Freedom Farm Crossroads Inc ($306k) and Vista Murrieta High School Band Boosters ($306k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $62k (16% of expenses). Other salaries and wages came to $82k. At year end it held assets of $430k against liabilities of $186k, net assets of $244k.