Colorado Consumer Health Initiative

Analysis

Colorado Consumer Health Initiative is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in November 1990, 36 years ago. 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, Colorado Consumer Health Initiative reported income of $1.9m and spending of $1.5m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $628k to $1.9m (+205%), an average of +32% a year. The sharpest change came in the year to December 2020, when income rose by 148%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Colorado Consumer Health Initiative sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within CO. Charities of a similar size with the same main cause include Castleton Ranch Horse Rescue Inc ($1.9m), Big Brothers & Big Sisters of Greater Cincinnati, Inc ($1.9m) and Christian School Association of Ann Arbor ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 7.8% of the total. Compensation of current officers, directors and key employees was $134k (8.8% of expenses). Other salaries and wages came to $640k. At year end it held assets of $1.9m against liabilities of $217k, net assets of $1.7m. It reported 15 employees.