Abate of Colorado

Analysis

Abate of Colorado is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in March 1993, 33 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Abate of Colorado reported income of $368k and spending of $395k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $367k to $368k (+0.4%), an average of +0.1% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Abate of Colorado sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 62nd percentile within CO. Charities of a similar size with the same main cause include Little League Baseball Inc ($368k), PTA California Congress of Parents Teachers & Students Inc ($368k) and Mt Pleasant Christian School Inc ($368k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.4% and program service revenue 95% of the total. Other salaries and wages came to $81k. At year end it held assets of $76k against liabilities of $8,196, net assets of $68k. It reported 3 employees.