Community Through Colors

Analysis

Community Through Colors is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 December 2022, Community Through Colors reported income of $244k and spending of $243k, spending 100% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $131k to $244k (+87%), an average of +87% a year. The sharpest change came in the year to December 2022, when income rose by 87%. Over the whole period it spent 88% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Community Through Colors sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within NV. Charities of a similar size with the same main cause include Deerwalk Volunteer Fire Dept Inc ($244k), Fairview Volunteer Fire Department ($244k) and Campbell County Rural Fire Services Inc ($244k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $10k against liabilities of $0, net assets of $10k.