Senior Homes of Colorado Foundation Inc

Analysis

Senior Homes of Colorado Foundation Inc is a registered charity in United States, based in Denver, CO. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, Senior Homes of Colorado Foundation Inc reported income of $213k and spending of $25k, leaving 88% of income unspent that year. Across the 6 years on record, from June 2019 to December 2023, income grew from $201k to $213k (+6.0%), an average of +1.2% a year. The sharpest change came in the year to December 2021, when income dropped by 100%. Over the whole period it spent 12% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Senior Homes of Colorado Foundation Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within CO. Charities of a similar size with the same main cause include PSZ House Corporation ($213k), Park East House Inc ($213k) and Macgregor Housing Development Corporation ($213k).

At year end it held assets of $17.2m against liabilities of $12.4m, net assets of $4.8m. It reported 13 employees.