Colorado Nurses Foundation

Analysis

Colorado Nurses Foundation is a registered charity in United States, based in Littleton, CO. It received its IRS tax-exemption ruling in June 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 December 2023, Colorado Nurses Foundation reported income of $90k and spending of $110k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $83k to $90k (+8.5%), an average of +2.1% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 111% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Colorado Nurses Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 30th percentile within CO. Charities of a similar size with the same main cause include Friends of the Newark Free Library ($90k), Little League Baseball Inc ($90k) and Waynesville-St Robert Senior Citizens Inc ($90k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% of the total. Other salaries and wages came to $38k. It paid $4,838 in professional fundraising fees. At year end it held assets of $774k against liabilities of $20k, net assets of $754k. It reported 1 employees.