Denver Metro Chamber Leadership Foundation

Analysis

Denver Metro Chamber Leadership Foundation is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in May 1988, 38 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 August 2023, Denver Metro Chamber Leadership Foundation reported income of $2.5m and spending of $2.4m, spending 98% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $2.7m to $2.5m (-8.9%), an average of -2.3% a year. The sharpest change came in the year to August 2022, when income rose by 41%. Over the whole period it spent 105% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Denver Metro Chamber Leadership Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CO. Charities of a similar size with the same main cause include Florida Philanthropic Network Inc ($2.5m), One Call for All ($2.5m) and Partners in Care Maryland Inc ($2.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 47% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $295k (12% of expenses). Other salaries and wages came to $614k. At year end it held assets of $9.2m against liabilities of $1.4m, net assets of $7.9m. It reported 14 employees.