Illuminate Colorado Inc

Analysis

Illuminate Colorado Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Illuminate Colorado Inc reported income of $4.7m and spending of $4.7m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $4.7m (+188%), an average of +30% a year. The sharpest change came in the year to December 2020, when income rose by 52%. Over the whole period it spent 95% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Illuminate Colorado Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CO. Charities of a similar size with the same main cause include Young Mens Christian Association of Avery County Inc ($4.7m), Boy Scouts of America ($4.7m) and Lavender Youth Recreation and Information Center Inc ($4.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 4.4% of the total. Other salaries and wages came to $2.2m. At year end it held assets of $1.9m against liabilities of $826k, net assets of $1.1m. It reported 50 employees.