Demolay Foundation of Colorado Inc

Analysis

Demolay Foundation of Colorado Inc is a registered charity in United States, based in Littleton, CO. It received its IRS tax-exemption ruling in February 1989, 37 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 December 2023, Demolay Foundation of Colorado Inc reported income of $61k and spending of $0, leaving 100% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $31k to $61k (+96%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 379%. Over the whole period it spent 0.0% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Demolay Foundation of Colorado Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 21st percentile within CO. Charities of a similar size with the same main cause include St Lawrence the Matyr Conference ($61k), Intermountain Christian Ministries ($61k) and North Morristown Community Club Inc ($61k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% of the total. At year end it held assets of $817k against liabilities of $0, net assets of $817k.