Armenians of Colorado Inc

Analysis

Armenians of Colorado Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in December 1984, 42 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 December 2023, Armenians of Colorado Inc reported income of $100k and spending of $49k, leaving 51% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $100k to $100k (+0.4%), an average of +0.4% a year. Over the whole period it spent 47% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Armenians of Colorado Inc sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 33rd percentile within CO. Charities of a similar size with the same main cause include Tidewater African Cultural Alliance ($100k), We Ride So They Fly ($100k) and Three Lakes Association Inc ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $262k against liabilities of $0, net assets of $262k.