Colorado Gerontological Society

Analysis

Colorado Gerontological Society is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in March 1981, 45 years ago. 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, Colorado Gerontological Society reported income of $1.7m and spending of $1.9m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.8m to $1.7m (-7.6%), an average of -2.0% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Colorado Gerontological Society sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within CO. Charities of a similar size with the same main cause include Down Syndrome Innovations Inc ($1.7m), BMCC Association Inc ($1.7m) and Joy Ministries Evangelistic Association ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 16% of the total. Other salaries and wages came to $337k. At year end it held assets of $610k against liabilities of $0, net assets of $610k. It reported 8 employees.