Great Education Colorado

Analysis

Great Education Colorado is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in June 2005, 21 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, Great Education Colorado reported income of $1.4m and spending of $840k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $592k to $1.4m (+140%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 107%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Great Education Colorado sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within CO. Charities of a similar size with the same main cause include Dr R W Goines STEM Academy ($1.4m), Ebenezer Christian School ($1.4m) and S & H Products ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $72k (8.6% of expenses). Other salaries and wages came to $366k. At year end it held assets of $764k against liabilities of $23k, net assets of $741k. It reported 8 employees.