Khesed Wellness a Colorado Nonprofit Corporation
Analysis
Khesed Wellness a Colorado Nonprofit Corporation is a registered charity in United States, based in Edgewater, CO. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 May 2024, Khesed Wellness a Colorado Nonprofit Corporation reported income of $1.5m and spending of $1.7m, spending 114% of what it took in. Across the 5 years on record, from May 2020 to May 2024, income grew from $310k to $1.5m (+386%), an average of +48% a year. The sharpest change came in the year to May 2021, when income rose by 84%. Over the whole period it spent 102% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Khesed Wellness a Colorado Nonprofit Corporation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within CO. Charities of a similar size with the same main cause include Positive Health Care Inc ($1.5m), Safety Council of Texas City ($1.5m) and Vit-Buckle Society Inc ($1.5m).
On its Form 990 for the period ending May 2024, revenue came from contributions and grants 67% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $213k (12% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $146k against liabilities of $250k, net assets of -$104k.
Income and spending
Where the income comes from
- Contributions & grants 67%
- Program services 33%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Positive Health Care Inc | Newark | $1.5m |
| Safety Council of Texas City | Texas City | $1.5m |
| Vit-Buckle Society Inc | Phoenix | $1.5m |
| Visiting Nurse Association of Texas Foundation | Dallas | $1.5m |