Movement 5280

Analysis

Movement 5280 is a registered charity in United States, based in Englewood, CO. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2023, Movement 5280 reported income of $2.4m and spending of $2.7m, spending 109% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $422k to $2.4m (+476%), an average of +140% a year. The sharpest change came in the year to December 2023, when income rose by 270%. Over the whole period it spent 107% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Movement 5280 sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within CO. Charities of a similar size with the same main cause include Yellowstone Womens First Step House Inc ($2.4m), Asheville Assisted Housing Inc ($2.4m) and Northern Nevada Community Housing Resorce Board ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $241k (9.1% of expenses). Other salaries and wages came to $134k. At year end it held assets of $2.9m against liabilities of $1.4m, net assets of $1.5m. It reported 11 employees.