Colorado Lifted Foundation

Analysis

Colorado Lifted Foundation is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in October 1988, 38 years ago. 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 June 2023, Colorado Lifted Foundation reported income of $2.0m and spending of $1.8m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.1m to $2.0m (-4.2%), an average of -1.1% a year. The sharpest change came in the year to June 2020, when income dropped by 39%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Colorado Lifted Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CO. Charities of a similar size with the same main cause include Southern Evangelical Seminary Inc ($2.0m), Vermont Humanities Council ($2.0m) and Cancer Support Community South Bay ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $170k (9.3% of expenses). Other salaries and wages came to $942k. At year end it held assets of $2.0m against liabilities of $59k, net assets of $1.9m. It reported 22 employees.