Spring Back Colorado Inc

Analysis

Spring Back Colorado Inc is a registered charity in United States, based in Commerce City, CO. It received its IRS tax-exemption ruling in July 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, Spring Back Colorado Inc reported income of $1.6m and spending of $1.5m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.6m (+47%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 42%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Spring Back Colorado Inc sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within CO. Charities of a similar size with the same main cause include Medical Center Health System Foundation ($1.6m), Jazz Forum Arts Incorporated ($1.6m) and Belmont Boulevard Housing Development Fund Company Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $123k (8.3% of expenses). Other salaries and wages came to $172k. At year end it held assets of $290k against liabilities of $112k, net assets of $178k. It reported 5 employees.