Economic Club of Colorado Inc
Analysis
Economic Club of Colorado Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in September 1987, 39 years ago. 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, Economic Club of Colorado Inc reported income of $185k and spending of $224k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $180k to $185k (+3.1%), an average of +3.1% a year. Over the whole period it spent 105% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Economic Club of Colorado Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 48th percentile within CO. Charities of a similar size with the same main cause include Greensboro Free Library ($185k), W H & Edgar Magness Community House & Library ($185k) and Islesboro Community Fund ($185k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $73k against liabilities of $6,385, net assets of $67k.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 0.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Greensboro Free Library | Greensboro | $185k |
| W H & Edgar Magness Community House & Library | McMinnville | $185k |
| Islesboro Community Fund | Islesboro | $185k |
| Sobrania Inc | Fairmont | $185k |