Used Car Dealers of Colorado Charity Fund Inc

Analysis

Used Car Dealers of Colorado Charity Fund Inc is a registered charity in United States, based in Lakewood, CO. It received its IRS tax-exemption ruling in July 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 (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, Used Car Dealers of Colorado Charity Fund Inc reported income of $102k and spending of $215k, spending 211% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $105k to $102k (-3.1%), an average of -0.8% a year. The sharpest change came in the year to December 2020, when income dropped by 116%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Used Car Dealers of Colorado Charity Fund Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 33rd percentile within CO. Charities of a similar size with the same main cause include CJ Macon Scholarship Foundation ($102k), Pow Educational Foundation Inc ($102k) and Neway Works Inc ($102k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 324% of the total. At year end it held assets of $1.4m against liabilities of -$937, net assets of $1.4m.