Colorado Reach Conference

Analysis

Colorado Reach Conference is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in December 2023, 3 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2022, Colorado Reach Conference reported income of $145k and spending of $278k, spending 191% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $78k to $145k (+87%), an average of +23% a year. The sharpest change came in the year to December 2020, when income rose by 107%. Over the whole period it spent 111% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Colorado Reach Conference sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 43rd percentile within CO. Charities of a similar size with the same main cause include Trey Clegg Singers Inc ($145k), American Literature Association Inc ($145k) and Light of the World Ministries Inc ($145k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 32% and program service revenue 68% of the total. Other salaries and wages came to $23k. At year end it held assets of $72k against liabilities of $119k, net assets of -$46k.