Housing Colorado

Analysis

Housing Colorado is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in October 1993, 33 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Housing Colorado reported income of $1.4m and spending of $1.3m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.4m (+19%), an average of +4.5% a year. The sharpest change came in the year to December 2020, when income dropped by 28%. Over the whole period it spent 81% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Housing Colorado sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within CO. Charities of a similar size with the same main cause include Gordon L and Julia P Tuthill Family Foundation ($1.4m), Beth Eden Houing Development ($1.4m) and Housing and Family Services of Greater New York Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 36% of the total. Other salaries and wages came to $410k. At year end it held assets of $1.6m against liabilities of $35k, net assets of $1.6m. It reported 6 employees.