Ladies Relief Society of Denver
Analysis
Ladies Relief Society of Denver is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in June 1942, 84 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Ladies Relief Society of Denver reported income of $7.1m and spending of $6.6m, spending 93% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $5.5m to $7.1m (+29%), an average of +6.7% a year. The sharpest change came in the year to September 2023, when income rose by 36%. Over the whole period it spent 97% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ladies Relief Society of Denver sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CO. Charities of a similar size with the same main cause include Real Hope Inc ($7.1m), Resource a Nonprofit Community Enterprise Inc ($7.1m) and Plumas Rural Services Inc ($7.0m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 3.1% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $123k (1.9% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $12.0m against liabilities of $1.8m, net assets of $10.2m. It reported 136 employees.
Income and spending
Where the income comes from
- Contributions & grants 3.1%
- Program services 92%
- Other 4.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Real Hope Inc | Prescott Vly | $7.1m |
| Resource a Nonprofit Community Enterprise Inc | Williston | $7.1m |
| Plumas Rural Services Inc | Quincy | $7.0m |
| Morning Star Mission Ministries | Joliet | $7.1m |