Young Voices of Colorado

Analysis

Young Voices of Colorado is a registered charity in United States, based in Englewood, CO. It received its IRS tax-exemption ruling in September 1992, 34 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2024, Young Voices of Colorado reported income of $601k and spending of $583k, spending 97% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $822k to $601k (-27%), an average of -6.1% a year. The sharpest change came in the year to June 2022, when income rose by 121%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Young Voices of Colorado sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within CO. Charities of a similar size with the same main cause include Oil Creek Railway Historical Society Inc ($601k), Tech Frontier Dba Fab Lab El Paso ($601k) and Servants Oasis ($601k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 38% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $66k (11% of expenses). Other salaries and wages came to $216k. It paid $7,500 in professional fundraising fees. At year end it held assets of $562k against liabilities of $294k, net assets of $267k. It reported 13 employees.