Caring for Colorado Centennial Fund

Analysis

Caring for Colorado Centennial Fund is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 September 2023, Caring for Colorado Centennial Fund reported income of $709k and spending of $5.7m, spending 802% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $20.1m to $709k (-96%), an average of -57% a year. The sharpest change came in the year to September 2021, when income rose by 128%. Over the whole period it spent 49% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Caring for Colorado Centennial Fund sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within CO. Charities of a similar size with the same main cause include Hershey Library Endownment Trust ($709k), Spring Road Kyiv Missions Center ($710k) and Lakeside Chautauqua Foundation ($708k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 40% of the total. Compensation of current officers, directors and key employees was $60k (1.0% of expenses). Other salaries and wages came to $416k. At year end it held assets of $30.5m against liabilities of $1.7m, net assets of $28.8m. It reported 5 employees.