Denver Institute

Analysis

Denver Institute is a registered charity in United States, based in Centennial, CO. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Denver Institute reported income of $1.2m and spending of $1.2m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $708k to $1.2m (+67%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 66%. Over the whole period it spent 105% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Denver Institute sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within CO. Charities of a similar size with the same main cause include Truth78 ($1.2m), All 4 Jesus Belize Inc ($1.2m) and Lithuanian Catholic Religious Aid Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $155k (13% of expenses). Other salaries and wages came to $487k. At year end it held assets of $203k against liabilities of $12k, net assets of $191k. It reported 8 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.