Rocky Mountain Philatelic Library

Analysis

Rocky Mountain Philatelic Library is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in September 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rocky Mountain Philatelic Library reported income of $319k and spending of $120k, leaving 62% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $95k to $319k (+234%), an average of +35% a year. The sharpest change came in the year to December 2021, when income rose by 302%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rocky Mountain Philatelic Library sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within CO. Charities of a similar size with the same main cause include Health Disparities Collaborative of Ohio ($319k), Educate Chatham Foundation Inc ($319k) and District Alpha of the Clemson Alumni Association ($319k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 35% of the total. At year end it held assets of $974k against liabilities of $1,829, net assets of $972k.