Colorado Association for Gifted and Talented

Analysis

Colorado Association for Gifted and Talented is a registered charity in United States, based in Parker, CO. It received its IRS tax-exemption ruling in August 1994, 32 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Association for Gifted and Talented reported income of $270k and spending of $293k, spending 109% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income grew from $261k to $270k (+3.5%), an average of +1.8% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Colorado Association for Gifted and Talented sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within CO. Charities of a similar size with the same main cause include New Brunswick Education Foundation Inc ($270k), Southwest Texas Junior College Foundation Inc ($270k) and California Association of Private School Organizations ($270k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $40k (14% of expenses). At year end it held assets of $263k against liabilities of $3,616, net assets of $259k.