Foundation for Little Colorado Revitalization

Analysis

Foundation for Little Colorado Revitalization is a registered charity in United States, based in Springerville, AZ. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Foundation for Little Colorado Revitalization reported income of $810k and spending of $792k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $101k to $810k (+705%), an average of +184% a year. The sharpest change came in the year to December 2023, when income rose by 197%. Over the whole period it spent 111% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Foundation for Little Colorado Revitalization sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 74th percentile within AZ. Charities of a similar size with the same main cause include Midwest Tribal Energy Resources Association Inc ($810k), Assistance League of Santa Clarita ($812k) and Downtown Billings Bid Inc ($810k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.5% and program service revenue 91% of the total. Other salaries and wages came to $247k. At year end it held assets of $1.7m against liabilities of $1.9m, net assets of -$199k. It reported 8 employees.