Building Hope Summit County

Analysis

Building Hope Summit County is a registered charity in United States, based in Breckenridge, CO. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Building Hope Summit County reported income of $2.2m and spending of $2.2m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $2.2m (+112%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Building Hope Summit County sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within CO. Charities of a similar size with the same main cause include Cystic Fibrosis Research Institute ($2.2m), Special Spaces Inc ($2.2m) and American Society of Hand Therapists ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 10% of the total. Other salaries and wages came to $416k. At year end it held assets of $865k against liabilities of $493k, net assets of $372k. It reported 12 employees.