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Colorado Changemakers Collective

RegisteredEIN 83-2846355Denver, COCommunity and economic development
Income$461k2023-12
Spending$418ksame year
Spent / received87%2-year average
Size in its cause66th pctCommunity and economic development
Exempt since2020Publicly supported organisat
Employees2latest return

Analysis

Colorado Changemakers Collective is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in January 2020, 6 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, Colorado Changemakers Collective reported income of $461k and spending of $418k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $345k to $461k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 87% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Colorado Changemakers Collective sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 66th percentile within CO. Charities of a similar size with the same main cause include Kentucky Science Teachers Association ($461k), Curleys House of Style Inc ($461k) and Miami Ironworkers Local 272 Apprenticeship Training Program Fu ($461k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $69k (17% of expenses). Other salaries and wages came to $54k. At year end it held assets of $152k against liabilities of $6,186, net assets of $146k. It reported 2 employees.

Income and spending

$0$115k$230k$346k$461k2022 Income: $344,6442022 Spending: $284,70120222023 Income: $460,6822023 Spending: $418,1182023
IncomeSpending

Where the income comes from

  • Contributions & grants 43%
  • Program services 57%

Similar-sized charities, same cause

CharityLocationIncome
Kentucky Science Teachers AssociationLexington$461k
Curleys House of Style IncMiami$461k
Miami Ironworkers Local 272 Apprenticeship Training Program FuFt Lauderdale$461k
Boaz and Ruth IncRichmond$462k