The Colorado Center for the Blind

Analysis

The Colorado Center for the Blind is a registered charity in United States, based in Littleton, CO. It received its IRS tax-exemption ruling in February 1988, 38 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, The Colorado Center for the Blind reported income of $3.0m and spending of $2.4m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $3.0m (+30%), an average of +6.9% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Colorado Center for the Blind sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CO. Charities of a similar size with the same main cause include Hospital Service District No 1 of the Parish of Vermilion ($3.0m), The Down Syndrome Connection of the Bay Area ($3.0m) and Buoniconti Fund to Cure Paralysis Inc ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $85k (3.5% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $3.9m against liabilities of $166k, net assets of $3.7m. It reported 31 employees.