Energy Outreach Colorado

Analysis

Energy Outreach Colorado is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in August 1989, 37 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 September 2023, Energy Outreach Colorado reported income of $71.5m and spending of $65.8m, spending 92% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $27.7m to $71.5m (+158%), an average of +27% a year. The sharpest change came in the year to September 2022, when income rose by 55%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Energy Outreach Colorado sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CO. Charities of a similar size with the same main cause include American Youth Soccer Organization ($71.3m), United State Olympic and Paralympic Properties LLC ($71.6m) and Goodwill Industries International Inc ($71.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $1.1m (1.7% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $43.7m against liabilities of $4.8m, net assets of $38.9m. It reported 44 employees.