Denver Asset Building Coalition

Analysis

Denver Asset Building Coalition is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in February 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Denver Asset Building Coalition reported income of $500k and spending of $486k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $349k to $500k (+43%), an average of +9.4% a year. The sharpest change came in the year to December 2021, when income rose by 105%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Denver Asset Building Coalition sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within CO. Charities of a similar size with the same main cause include Westside Christian School ($500k), Sunnah Academy ($500k) and Cleveland Municipal School District Transformation Alliance ($500k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $353k. At year end it held assets of $503k against liabilities of $120k, net assets of $384k. It reported 15 employees.