550 Acoma Inc

Analysis

550 Acoma Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, 550 Acoma Inc reported income of $2.5m and spending of $2.8m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $2.5m (+17%), an average of +4.1% a year. 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, 550 Acoma Inc 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 88th percentile, and in the 88th percentile within CO. Charities of a similar size with the same main cause include Alcohol-Drug Care Services Inc ($2.5m), Gatorcare Health Management Corporation ($2.5m) and Divine Healthcare Services Inc ($2.5m).

At year end it held assets of $27.8m against liabilities of $38.0m, net assets of -$10.2m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.