Colorado Advanced Life Support

Analysis

Colorado Advanced Life Support is a registered charity in United States, based in Brighton, CO. It received its IRS tax-exemption ruling in June 1991, 35 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 Advanced Life Support reported income of $216k and spending of $245k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $567k to $216k (-62%), an average of -21% a year. The sharpest change came in the year to December 2020, when income dropped by 30%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Colorado Advanced Life Support sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within CO. Charities of a similar size with the same main cause include 300 Main Incorporated ($216k), Serendipity Pre-School ($216k) and Mad River Valley Community Fund ($216k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 18% of the total. Compensation of current officers, directors and key employees was $76k (31% of expenses). Other salaries and wages came to $35k. At year end it held assets of $144k against liabilities of $2,403, net assets of $142k. It reported 3 employees.