Contemplative Outreach of Colorado

Analysis

Contemplative Outreach of Colorado is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in November 1994, 32 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2024, Contemplative Outreach of Colorado reported income of $435k and spending of $469k, spending 108% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $493k to $435k (-12%), an average of -3.1% a year. The sharpest change came in the year to June 2023, when income rose by 34%. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Contemplative Outreach of Colorado sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 65th percentile within CO. Charities of a similar size with the same main cause include Youth with a Mission North Cascades ($435k), Geist Community Center Inc ($435k) and Bodhi Hill Buddhist Center - Chua Vien Quang ($435k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 34% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $88k (19% of expenses). Other salaries and wages came to $61k. At year end it held assets of $856k against liabilities of $23k, net assets of $833k. It reported 7 employees.