Colorado Riverfront Foundation Inc

Analysis

Colorado Riverfront Foundation Inc is a registered charity in United States, based in Grand JCT, CO. It received its IRS tax-exemption ruling in June 1988, 38 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, Colorado Riverfront Foundation Inc reported income of $181k and spending of $168k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $135k to $181k (+34%), an average of +7.5% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Colorado Riverfront Foundation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 48th percentile within CO. Charities of a similar size with the same main cause include Friends of Texas Wildlife ($181k), Casa Foundation ($181k) and LCS Housing Development Fund Company Inc ($181k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 42% of the total. At year end it held assets of $1.0m against liabilities of $98, net assets of $1.0m.