Denver Indian Center Inc
Analysis
Denver Indian Center Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in December 1991, 35 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 June 2023, Denver Indian Center Inc reported income of $2.7m and spending of $2.2m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $2.7m (+40%), an average of +8.8% a year. The sharpest change came in the year to June 2020, when income rose by 39%. Over the whole period it spent 74% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Denver Indian Center Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CO. Charities of a similar size with the same main cause include Friends of the Underline Inc ($2.7m), Western Arkansas Child Development Inc ($2.7m) and Good Work Institute Inc ($2.7m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% and program service revenue 54% of the total. Other salaries and wages came to $707k. At year end it held assets of $4.3m against liabilities of $875k, net assets of $3.5m. It reported 21 employees.
Income and spending
Where the income comes from
- Contributions & grants 45%
- Program services 54%
- Other 0.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Friends of the Underline Inc | Miami | $2.7m |
| Western Arkansas Child Development Inc | Alma | $2.7m |
| Good Work Institute Inc | Kingston | $2.7m |
| Penn Asylum for Indigent Widows and Singlewomen | Philadelphia | $2.7m |