Southern Colorado Community Action Agency Inc

Analysis

Southern Colorado Community Action Agency Inc is a registered charity in United States, based in Ignacio, CO. It received its IRS tax-exemption ruling in July 1980, 46 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Southern Colorado Community Action Agency Inc reported income of $3.9m and spending of $3.7m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.4m to $3.9m (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2022, when income rose by 25%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Southern Colorado Community Action Agency Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CO. Charities of a similar size with the same main cause include Economic Opportunity Board of Clark County ($3.9m), Manteca C a P S Corporation ($3.9m) and Commonsense Housing Inc ($3.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $176k (4.7% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $2.8m against liabilities of $317k, net assets of $2.5m. It reported 81 employees.