Friends of Children with Down Syndrome of Colorado Inc

Analysis

Friends of Children with Down Syndrome of Colorado Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in December 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Children with Down Syndrome of Colorado Inc reported income of $1.4m and spending of $1.4m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.4m (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Children with Down Syndrome of Colorado Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within CO. Charities of a similar size with the same main cause include Commission on Accreditation for Pre-Hospital Continuing Education ($1.4m), Elevated Thought Inc ($1.4m) and Nextgen Network Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $107k (7.8% of expenses). Other salaries and wages came to $889k. At year end it held assets of $3.0m against liabilities of $973k, net assets of $2.0m. It reported 36 employees.