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High Hopes Colorado

RegisteredEIN 46-2663695Littleton, COOther charitable purposes
Income$608k2023-12
Spending$816ksame year
Spent / received103%5-year average
Size in its cause71st pctOther charitable purposes
Exempt since2014Publicly supported organisat
Employees2latest return

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

$0$663k$1.3m$2.0m$2.7m2019 Income: $448,6192019 Spending: $482,11920192020 Income: $2,650,5652020 Spending: $2,357,82020202021 Income: $1,525,0002021 Spending: $1,474,59720212022 Income: $525,2502022 Spending: $776,89020222023 Income: $607,5002023 Spending: $815,9552023
IncomeSpending

Where the income comes from

  • Contributions & grants 92%
  • Program services 8.2%

Similar-sized charities, same cause

CharityLocationIncome
Rdoor Housing CorporationIndianapolis$607k
Day Worker Center of Mountain ViewMountain View$608k
Guido Evangelistic Association IncMetter$607k
Haygood-Neal Garden Apartments IncMemphis$608k