Community Foundation of Northern Colorado

Analysis

Community Foundation of Northern Colorado is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in December 1975, 51 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Community Foundation of Northern Colorado reported income of $20.2m and spending of $14.5m, leaving 28% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $31.8m to $20.2m (-36%), an average of -11% a year. The sharpest change came in the year to June 2021, when income rose by 100%. Over the whole period it spent 45% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Community Foundation of Northern Colorado sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within CO. Charities of a similar size with the same main cause include North Dakota Community Foundation ($20.1m), Shalom Austin ($20.2m) and Madison Community Foundation ($20.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% of the total. Compensation of current officers, directors and key employees was $426k (2.9% of expenses). Other salaries and wages came to $946k. At year end it held assets of $187.2m against liabilities of $51.4m, net assets of $135.8m. It reported 21 employees.