Ardent Grove Foundation

Analysis

Ardent Grove Foundation is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in December 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, Ardent Grove Foundation reported income of $402k and spending of $361k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $142k to $402k (+183%), an average of +183% a year. The sharpest change came in the year to December 2023, when income rose by 183%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ardent Grove Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 64th percentile within CO. Charities of a similar size with the same main cause include Foundations a Place for Education and Recovery Inc ($402k), Mid-County Rescur Squad Inc ($402k) and North Central Wisconsin Ahec Inc ($402k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $216k (60% of expenses). At year end it held assets of $70k against liabilities of $9,011, net assets of $61k.