Denver Debutante Ball Inc

Analysis

Denver Debutante Ball Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in July 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 January 2024, Denver Debutante Ball Inc reported income of $132k and spending of $139k, spending 105% of what it took in. Across the 4 years on record, from January 2020 to January 2024, income fell from $214k to $132k (-38%), an average of -15% a year. The sharpest change came in the year to January 2023, when income dropped by 23%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Denver Debutante Ball Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 41st percentile within CO. Charities of a similar size with the same main cause include Valatie Free Library ($132k), Ipswich Education Foundation Inc ($132k) and A Certain Sound ($132k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 50% and program service revenue 50% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.