Assistance Fund of Denver Teachers Club

Analysis

Assistance Fund of Denver Teachers Club is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in February 1980, 46 years ago. 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, Assistance Fund of Denver Teachers Club reported income of $216k and spending of $131k, leaving 39% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $121k to $216k (+78%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 147%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Assistance Fund of Denver Teachers Club sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within CO. Charities of a similar size with the same main cause include National Organization of Black Law Enforcement Executives Noble ($216k), Volunteers of America Inc ($216k) and St Agnes Schools Foundation Inc ($216k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $70k. At year end it held assets of $1.2m against liabilities of $32k, net assets of $1.2m. It reported 3 employees.