Colorado News Collaborative

Analysis

Colorado News Collaborative is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 News Collaborative reported income of $541k and spending of $760k, spending 140% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $534k to $541k (+1.3%), an average of +0.3% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Colorado News Collaborative sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within CO. Charities of a similar size with the same main cause include Oglala Lakota Court Appointed Special Advocate Program ($541k), Sanctuary Farm Phila ($541k) and Sonoma Immigrant Services Inc ($541k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.8% of the total. Compensation of current officers, directors and key employees was $144k (19% of expenses). Other salaries and wages came to $303k. At year end it held assets of $86k against liabilities of $804, net assets of $85k. It reported 6 employees.