Specialized Alternatives for Families and Youth of Colorado

Analysis

Specialized Alternatives for Families and Youth of Colorado is a registered charity in United States, based in Delphos, OH. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Specialized Alternatives for Families and Youth of Colorado reported income of $5.0m and spending of $4.9m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $5.0m (+140%), an average of +24% a year. The sharpest change came in the year to December 2020, when income rose by 51%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Specialized Alternatives for Families and Youth of Colorado sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within OH. Charities of a similar size with the same main cause include Connexus Human Service Network ($5.0m), North Central Independent Living Services ($5.0m) and TLC Connection ($5.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.2% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $286k (5.8% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $809k against liabilities of $415k, net assets of $394k. It reported 60 employees.