Folds of Honor Patriots of Denver

Analysis

Folds of Honor Patriots of Denver is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in June 2021, 5 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 2023, Folds of Honor Patriots of Denver reported income of $114k and spending of $141k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $104k to $114k (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2021, when income rose by 180%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Folds of Honor Patriots of Denver sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 37th percentile within CO. Charities of a similar size with the same main cause include PTA Texas Congress ($114k), The Rockland Country Club Foundation Inc ($114k) and Russellville Band Boosters Club Inc ($114k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 177% of the total. At year end it held assets of $5,866 against liabilities of $0, net assets of $5,866.