Colorado Coalition for the Homeless

Analysis

Colorado Coalition for the Homeless is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in August 1984, 42 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 December 2023, Colorado Coalition for the Homeless reported income of $104.4m and spending of $106.8m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $80.5m to $104.4m (+30%), an average of +6.7% a year. The sharpest change came in the year to December 2020, when income rose by 40%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Colorado Coalition for the Homeless sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within CO. Charities of a similar size with the same main cause include Regional Food Bank of N E Ny Inc ($104.2m), Goodwin House Incorporated ($105.1m) and Wesley Retirement Services Inc ($104.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $2.1m (1.9% of expenses). Other salaries and wages came to $44.6m. At year end it held assets of $188.1m against liabilities of $59.7m, net assets of $128.4m. It reported 1,068 employees.