Colorado Outward Bound School

Analysis

Colorado Outward Bound School is a registered charity in United States, based in Leadville, CO. It received its IRS tax-exemption ruling in June 1963, 63 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 December 2023, Colorado Outward Bound School reported income of $4.3m and spending of $5.2m, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.4m to $4.3m (-2.5%), an average of -0.6% a year. The sharpest change came in the year to December 2021, when income rose by 136%. Over the whole period it spent 119% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Colorado Outward Bound School 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 91st percentile, and in the 92nd percentile within CO. Charities of a similar size with the same main cause include Elk Rock Garden Foundation ($4.3m), Coastal Prairie Conservancy ($4.3m) and Heartlands Conservancy ($4.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $149k (2.9% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $6.0m against liabilities of $1.8m, net assets of $4.2m. It reported 191 employees.