Community College of Aurora Foundation

Analysis

Community College of Aurora Foundation is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in August 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, Community College of Aurora Foundation reported income of $2.1m and spending of $1.5m, leaving 32% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $667k to $2.1m (+222%), an average of +34% a year. The sharpest change came in the year to June 2022, when income rose by 161%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Community College of Aurora Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within CO. Charities of a similar size with the same main cause include Education Partnership of the Permian Basin ($2.1m), Mental Health Resource of Texas ($2.1m) and Jobs for Americas Graduates Missouri Inc ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $146k (10.0% of expenses). Other salaries and wages came to $159k. At year end it held assets of $6.7m against liabilities of $374k, net assets of $6.4m. It reported 4 employees.