Colorado Quilting Council

Analysis

Colorado Quilting Council is a registered charity in United States, based in Wheat Ridge, CO. It received its IRS tax-exemption ruling in May 1999, 27 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 Quilting Council reported income of $89k and spending of $71k, leaving 20% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $89k to $89k (+0.1%), an average of +0.0% a year. The sharpest change came in the year to December 2022, when income rose by 172%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Colorado Quilting Council sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 30th percentile within CO. Charities of a similar size with the same main cause include Perquimans County Restoration Association Inc ($89k), 365 Project ($89k) and Concert Singers of Cary ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 33% of the total. At year end it held assets of $171k against liabilities of $1,306, net assets of $170k.