Colorado East Community Action Agency

Analysis

Colorado East Community Action Agency is a registered charity in United States, based in Limon, CO. It received its IRS tax-exemption ruling in April 1983, 43 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, Colorado East Community Action Agency reported income of $343k and spending of $311k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $242k to $343k (+42%), an average of +9.1% a year. The sharpest change came in the year to December 2022, when income rose by 69%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Colorado East Community Action Agency sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within CO. Charities of a similar size with the same main cause include Pastoral Counseling of Northern Virginia ($343k), Gifts From the Heart Food Bank ($343k) and Crawida Regional Child Care ($343k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% of the total. Compensation of current officers, directors and key employees was $44k (14% of expenses). Other salaries and wages came to $161k. At year end it held assets of $161k against liabilities of $6,387, net assets of $154k. It reported 9 employees.