Coldspring Center

Analysis

Coldspring Center is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Coldspring Center reported income of $112k and spending of $127k, spending 113% of what it took in. Across the 3 years on record, from June 2020 to June 2024, income fell from $154k to $112k (-27%), an average of -15% a year. The sharpest change came in the year to June 2023, when income dropped by 35%. Over the whole period it spent 122% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Coldspring Center sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 36th percentile within CO. Charities of a similar size with the same main cause include Intech Foundation ($112k), Hawaii Yoga Institute ($112k) and Carolinas Payroll Conference ($112k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $182k against liabilities of $941, net assets of $181k.

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.