Colorado Veterans Project

Analysis

Colorado Veterans Project is a registered charity in United States, based in Greenwood VLG, CO. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover public and societal benefit, 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, Colorado Veterans Project reported income of $279k and spending of $353k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $352k to $279k (-21%), an average of -5.6% a year. The sharpest change came in the year to December 2021, when income rose by 118%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Colorado Veterans Project sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within CO. Charities of a similar size with the same main cause include Taylor County Wisconsin Humane Society Inc ($279k), Virginia Caribbean-American Cultural Association ($279k) and Light of Islam ($279k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. At year end it held assets of $161k against liabilities of $1, net assets of $161k.