Continuing Legal Education in Colorado Inc
Analysis
Continuing Legal Education in Colorado Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in February 1972, 54 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Continuing Legal Education in Colorado Inc reported income of $4.5m and spending of $4.1m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.1m to $4.5m (-11%), an average of -2.7% a year. Over the whole period it spent 95% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Continuing Legal Education in Colorado Inc sits at the 88th percentile: it is larger than about 88% 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 Walking Mountains ($4.5m), William R Moore College of Technology ($4.5m) and Huda School Inc ($4.5m).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 90% of the total. Compensation of current officers, directors and key employees was $108k (2.6% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $5.2m against liabilities of $2.4m, net assets of $2.8m. It reported 25 employees.
Income and spending
Where the income comes from
- Program services 90%
- Other 10%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Walking Mountains | Avon | $4.5m |
| William R Moore College of Technology | Memphis | $4.5m |
| Huda School Inc | Franklin | $4.5m |
| Morristown and Morris Township Library Foundation | Morristown | $4.5m |