Christian Home Educators of Colorado

Analysis

Christian Home Educators of Colorado is a registered charity in United States, based in Elizabeth, CO. It received its IRS tax-exemption ruling in August 1995, 31 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, Christian Home Educators of Colorado reported income of $2.7m and spending of $2.5m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.7m (+111%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 72%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Christian Home Educators of Colorado 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 88th percentile, and in the 89th percentile within CO. Charities of a similar size with the same main cause include Student U ($2.7m), Loveworks Academy for Visual & Performing Arts ($2.7m) and Building Brave Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $211k (8.3% of expenses). Other salaries and wages came to $343k. At year end it held assets of $3.1m against liabilities of $44k, net assets of $3.0m. It reported 41 employees.