Ability Connection Colorado Inc

Analysis

Ability Connection Colorado Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in February 1953, 73 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 June 2023, Ability Connection Colorado Inc reported income of $9.6m and spending of $9.5m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $10.9m to $9.6m (-11%), an average of -3.0% a year. The sharpest change came in the year to June 2021, when income rose by 43%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ability Connection Colorado Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CO. Charities of a similar size with the same main cause include Spurgeon Manor Inc ($9.6m), Community Clinic Association of Los Angeles County ($9.6m) and Neighborhood Health Centers of the Lehigh Valley ($9.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 5.1% of the total. Other salaries and wages came to $5.8m. At year end it held assets of $15.2m against liabilities of $11.4m, net assets of $3.7m. It reported 175 employees.