Bishop Richard Allen Center Inc

Analysis

Bishop Richard Allen Center Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in November 1984, 42 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bishop Richard Allen Center Inc reported income of $624k and spending of $605k, spending 97% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $545k to $624k (+14%), an average of +4.6% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bishop Richard Allen Center Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within CO. Charities of a similar size with the same main cause include Road Runners Club of America ($624k), Lagrange Personal Aid Association ($624k) and Walnut Creek Aquabears Swim Team ($624k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $723k against liabilities of $1.2m, net assets of -$468k. It reported 3 employees.