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Community Resources Inc

RegisteredEIN 74-1895860Denver, COEducation and training
Income$305k2024-06
Spending$285ksame year
Spent / received95%4-year average
Size in its cause61st pctEducation and training
Exempt since1977Publicly supported organisat
Employees3latest return

Analysis

Community Resources Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in March 1977, 49 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 June 2024, Community Resources Inc reported income of $305k and spending of $285k, spending 93% of its income. Across the 4 years on record, from June 2019 to June 2024, income grew from $293k to $305k (+4.4%), an average of +1.4% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Community Resources Inc sits at the 61st percentile: it is larger than about 61% 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 Coon Rapids Community Scholarship Association ($305k), Community Montessori School ($305k) and Ecm Foundation ($305k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 60% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $128k (45% of expenses). At year end it held assets of $464k against liabilities of $0, net assets of $464k. It reported 3 employees.

Income and spending

$0$76k$153k$229k$305k2019 Income: $292,6372019 Spending: $289,96520192020 Income: $232,5152020 Spending: $230,90720202023 Income: $297,9312023 Spending: $270,38020232024 Income: $305,4572024 Spending: $285,4262024
IncomeSpending

Where the income comes from

  • Contributions & grants 60%
  • Program services 39%
  • Other 1.1%

Similar-sized charities, same cause

CharityLocationIncome
Coon Rapids Community Scholarship AssociationCoon Rapids$305k
Community Montessori SchoolColumbus$305k
Ecm FoundationRidgeland$305k
Prince of Peace Pre School IncLargo$305k