Colorado Community Revitalization Association Inc

Analysis

Colorado Community Revitalization Association Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in October 1982, 44 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 Community Revitalization Association Inc reported income of $550k and spending of $621k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $406k to $550k (+36%), an average of +7.9% 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 Community Revitalization Association Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 69th percentile within CO. Charities of a similar size with the same main cause include Dart Center ($550k), Kotzebue Broadcasting Inc ($550k) and Wray Rehabilitation and Activities Center Inc ($550k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $121k (19% of expenses). Other salaries and wages came to $190k. At year end it held assets of $130k against liabilities of $92k, net assets of $38k. It reported 4 employees.