High Hopes Colorado
Analysis
High Hopes Colorado is a registered charity in United States, based in Littleton, CO. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, High Hopes Colorado reported income of $608k and spending of $816k, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $449k to $608k (+35%), an average of +7.9% a year. The sharpest change came in the year to December 2020, when income rose by 491%. Over the whole period it spent 103% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, High Hopes Colorado sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within CO. Charities of a similar size with the same main cause include Rdoor Housing Corporation ($607k), Day Worker Center of Mountain View ($608k) and Guido Evangelistic Association Inc ($607k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 8.2% of the total. Compensation of current officers, directors and key employees was $133k (16% of expenses). Other salaries and wages came to $81k. At year end it held assets of $168k against liabilities of $138k, net assets of $31k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 92%
- Program services 8.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Rdoor Housing Corporation | Indianapolis | $607k |
| Day Worker Center of Mountain View | Mountain View | $608k |
| Guido Evangelistic Association Inc | Metter | $607k |
| Haygood-Neal Garden Apartments Inc | Memphis | $608k |