Advocates for Recovery Colorado
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
Where the income comes from
- Contributions & grants 2.5%
- Program services 97%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Nan Shan Local Development Corp | New York | $1.5m |
| Action Toward Independence Inc | Monticello | $1.5m |
| Maine Immigrant & Refugee Services | Lewiston | $1.5m |
| Joy Meadows Inc | Basehor | $1.5m |