Colorado Mental Wellness Network

Analysis

Colorado Mental Wellness Network is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2023, Colorado Mental Wellness Network reported income of $915k and spending of $818k, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $232k to $915k (+295%), an average of +41% a year. The sharpest change came in the year to June 2020, when income rose by 258%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Colorado Mental Wellness Network sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within CO. Charities of a similar size with the same main cause include Sunnyside Home Health ($915k), Alveoli Corporation ($915k) and Pregnancy Resources ($915k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 5.3% of the total. Compensation of current officers, directors and key employees was $88k (11% of expenses). At year end it held assets of $1.1m against liabilities of $602k, net assets of $520k. It reported 11 employees.