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Advocates for Recovery Colorado

RegisteredEIN 81-3355247Westminster, COPoverty relief
Income$1.5m2024-06
Spending$1.6msame year
Spent / received100%5-year average
Size in its cause80th pctPoverty relief
Exempt since2016Publicly supported organisat
Employees20latest return

Analysis

Advocates for Recovery Colorado is a registered charity in United States, based in Westminster, CO. It received its IRS tax-exemption ruling in November 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 June 2024, Advocates for Recovery Colorado reported income of $1.5m and spending of $1.6m, spending 105% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $361k to $1.5m (+330%), an average of +44% a year. The sharpest change came in the year to June 2022, when income rose by 70%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Advocates for Recovery Colorado sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within CO. Charities of a similar size with the same main cause include Nan Shan Local Development Corp ($1.5m), Action Toward Independence Inc ($1.5m) and Maine Immigrant & Refugee Services ($1.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 2.5% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $100k (6.1% of expenses). Other salaries and wages came to $914k. At year end it held assets of $618k against liabilities of $588k, net assets of $30k. It reported 20 employees.

Income and spending

$0$407k$814k$1.2m$1.6m2020 Income: $360,5932020 Spending: $353,89120202021 Income: $539,0582021 Spending: $529,19920212022 Income: $916,8962022 Spending: $870,24320222023 Income: $1,136,2032023 Spending: $1,107,61020232024 Income: $1,548,7982024 Spending: $1,628,1382024
IncomeSpending

Where the income comes from

  • Contributions & grants 2.5%
  • Program services 97%
  • Other 0.0%

Similar-sized charities, same cause

CharityLocationIncome
Nan Shan Local Development CorpNew York$1.5m
Action Toward Independence IncMonticello$1.5m
Maine Immigrant & Refugee ServicesLewiston$1.5m
Joy Meadows IncBasehor$1.5m