Fountain Valley School of Colorado

Analysis

Fountain Valley School of Colorado is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in December 1959, 67 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Fountain Valley School of Colorado reported income of $18.1m and spending of $19.5m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $21.4m to $18.1m (-16%), an average of -4.1% a year. The sharpest change came in the year to June 2021, when income rose by 55%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fountain Valley School of Colorado sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within CO. Charities of a similar size with the same main cause include Durand Inc ($18.0m), Texas Southern University Foundation ($18.1m) and Voyager Academy Inc ($18.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $569k (2.9% of expenses). Other salaries and wages came to $5.9m. At year end it held assets of $89.2m against liabilities of $4.2m, net assets of $85.0m. It reported 190 employees.