Home Builders Foundation of Metropolitan Denver

Analysis

Home Builders Foundation of Metropolitan Denver is a registered charity in United States, based in Centennial, CO. It received its IRS tax-exemption ruling in June 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 (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, Home Builders Foundation of Metropolitan Denver reported income of $1.6m and spending of $1.6m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $722k to $1.6m (+122%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Home Builders Foundation of Metropolitan Denver sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within CO. Charities of a similar size with the same main cause include Nixyaawii Community School Inc ($1.6m), The Porter Academy Inc ($1.6m) and Freedom House Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $154k (9.4% of expenses). Other salaries and wages came to $435k. At year end it held assets of $1.8m against liabilities of $584k, net assets of $1.2m. It reported 7 employees.