Caring for Denver Foundation

Analysis

Caring for Denver Foundation is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in September 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, Caring for Denver Foundation reported income of $51.2m and spending of $47.7m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $36.9m to $51.2m (+39%), an average of +8.5% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 70% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Caring for Denver Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CO. Charities of a similar size with the same main cause include KVC Hospitals Inc ($51.1m), Northern Nevada HIV Outpatient Program Education and Services ($51.2m) and Manifest Medex ($51.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $222k (0.5% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $100.6m against liabilities of $38.9m, net assets of $61.8m. It reported 15 employees.