Lupus Foundation of Colorado Inc

Analysis

Lupus Foundation of Colorado Inc is a registered charity in United States, based in Golden, CO. It received its IRS tax-exemption ruling in August 1978, 48 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 September 2023, Lupus Foundation of Colorado Inc reported income of $194k and spending of $230k, spending 118% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $143k to $194k (+36%), an average of +8.0% a year. The sharpest change came in the year to September 2023, when income rose by 98%. Over the whole period it spent 121% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lupus Foundation of Colorado Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within CO. Charities of a similar size with the same main cause include Ike Fund Inc ($194k), Teen Challenge of Baltimore Inc ($194k) and Gabes Homes ($194k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 82% of the total. Compensation of current officers, directors and key employees was $71k (31% of expenses). At year end it held assets of $195k against liabilities of $900, net assets of $194k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.