Colorado Community College System Foundation

Analysis

Colorado Community College System Foundation is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in May 1988, 38 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Colorado Community College System Foundation reported income of $2.4m and spending of $3.3m, spending 137% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $2.4m (+58%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 189%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Colorado Community College System Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CO. Charities of a similar size with the same main cause include Bellevue Schools Foundation ($2.4m), Salvaggio Academy ($2.4m) and Young Kids in Motion Academy Inc ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% of the total. Other salaries and wages came to $46k. At year end it held assets of $10.1m against liabilities of $1.4m, net assets of $8.6m.