Greater Denver Area Gem and Mineral Council

Analysis

Greater Denver Area Gem and Mineral Council is a registered charity in United States, based in Westminster, CO. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Greater Denver Area Gem and Mineral Council reported income of $56k and spending of $39k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $43k to $56k (+31%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Greater Denver Area Gem and Mineral Council sits at the 25th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 19th percentile within CO. Charities of a similar size with the same main cause include Delaware Canal 21 ($56k), Rome Community Theater Inc ($56k) and Vocal Pride Foundation ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $141k against liabilities of $0, net assets of $141k.