Hunger Free Colorado

Analysis

Hunger Free Colorado is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in June 2003, 23 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 June 2023, Hunger Free Colorado reported income of $5.5m and spending of $6.3m, spending 114% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $5.5m (+260%), an average of +38% a year. The sharpest change came in the year to June 2020, when income rose by 95%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hunger Free Colorado sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CO. Charities of a similar size with the same main cause include Austin Groups for the Elderly ($5.5m), Five Star Industries Inc ($5.5m) and Woon Headstart & Day Care Center ($5.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $101k (1.6% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $3.0m against liabilities of $735k, net assets of $2.2m. It reported 46 employees.