Continuum of Colorado Inc

Analysis

Continuum of Colorado Inc is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in November 2013, 13 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 June 2023, Continuum of Colorado Inc reported income of $12.6m and spending of $12.7m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $22.2m to $12.6m (-43%), an average of -13% a year. The sharpest change came in the year to June 2023, when income dropped by 27%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Continuum of Colorado Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CO. Charities of a similar size with the same main cause include Meals on Wheels and More Inc ($12.6m), Human Services Inc ($12.6m) and Sunrise Day Camps Association Inc ($12.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.5% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $519k (4.1% of expenses). Other salaries and wages came to $5.4m. At year end it held assets of $10.3m against liabilities of $2.7m, net assets of $7.6m. It reported 302 employees.