Colorado Wheat Research Foundation Inc

Analysis

Colorado Wheat Research Foundation Inc is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in August 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 June 2023, Colorado Wheat Research Foundation Inc reported income of $3.3m and spending of $3.0m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.8m to $3.3m (+85%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 39%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Colorado Wheat Research Foundation Inc 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 90th percentile, and in the 90th percentile within CO. Charities of a similar size with the same main cause include Alamance Community College Foundation Inc ($3.3m), Impact Philanthropy Group ($3.3m) and Colorado Sheet Metal Workers Training Fund ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $99k. At year end it held assets of $917k against liabilities of $274k, net assets of $643k.