Construction Industry Training Council of Colorado Inc

Analysis

Construction Industry Training Council of Colorado Inc is a registered charity in United States, based in Wheat Ridge, CO. It received its IRS tax-exemption ruling in January 1989, 37 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 June 2024, Construction Industry Training Council of Colorado Inc reported income of $2.5m and spending of $2.4m, spending 96% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $2.5m to $2.5m (-1.3%), an average of -0.3% a year. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Construction Industry Training Council of Colorado Inc sits at the 87th percentile: it is larger than about 87% 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 Opensecrets ($2.5m), Southeast Enterprises Packaging and Assembly Specialists Inc ($2.5m) and Arc of Dekalb County ($2.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.4% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $115k (4.8% of expenses). Other salaries and wages came to $512k. At year end it held assets of $7.4m against liabilities of $3.8m, net assets of $3.6m. It reported 47 employees.