Colorado Association of School Business Officials

Analysis

Colorado Association of School Business Officials is a registered charity in United States, based in Oak Creek, CO. It received its IRS tax-exemption ruling in February 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Colorado Association of School Business Officials reported income of $512k and spending of $440k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $535k to $512k (-4.3%), an average of -1.1% a year. The sharpest change came in the year to December 2020, when income dropped by 55%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Colorado Association of School Business Officials sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 68th percentile within CO. Charities of a similar size with the same main cause include Wittenberg Academy Inc ($511k), Uu World of Children ($512k) and 100 Black Men of Omaha Inc ($511k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $132k (30% of expenses). At year end it held assets of $682k against liabilities of $0, net assets of $682k. It reported 2 employees.