Charter Facility Solutions

Analysis

Charter Facility Solutions is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in June 2017, 9 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 June 2023, Charter Facility Solutions reported income of $479k and spending of $506k, spending 106% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $480k to $479k (-0.3%), an average of -0.1% a year. The sharpest change came in the year to June 2021, when income rose by 36%. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Charter Facility Solutions sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within CO. Charities of a similar size with the same main cause include Teller Park Early Childhood Council ($479k), Farm and City ($479k) and Council for European Studies ($479k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% of the total. Compensation of current officers, directors and key employees was $193k (38% of expenses). Other salaries and wages came to $86k. At year end it held assets of $5.2m against liabilities of $3.9m, net assets of $1.3m. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.