JLF Colorado

Analysis

JLF Colorado is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, JLF Colorado reported income of $312k and spending of $296k, spending 95% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $386k to $312k (-19%), an average of -10% a year. The sharpest change came in the year to December 2022, when income dropped by 23%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, JLF Colorado sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within CO. Charities of a similar size with the same main cause include Westchester Ballet Company Inc ($312k), Condor Squadron Officers & Airmens Association Inc ($312k) and Dallas-Fort Worth Maharashtra Mandal ($312k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 4.1% of the total. Compensation of current officers, directors and key employees was $27k (9.1% of expenses). At year end it held assets of $155k against liabilities of $10k, net assets of $145k. It reported 1 employees.