Golden West Communities Inc

Analysis

Golden West Communities Inc is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in April 1999, 27 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 December 2023, Golden West Communities Inc reported income of $1.3m and spending of $1.3m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.0m to $1.3m (-79%), an average of -32% a year. The sharpest change came in the year to December 2020, when income rose by 692%. Over the whole period it spent 25% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Golden West Communities Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within CO. Charities of a similar size with the same main cause include Young Womens Resource Center ($1.3m), Arlington Hearts and Hands Inc ($1.3m) and North Beach Citizens ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 95% of the total. At year end it held assets of $53.2m against liabilities of $1.0m, net assets of $52.2m. It reported 33 employees.