Colorado Vincentian Volunteers

Analysis

Colorado Vincentian Volunteers is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in March 1995, 31 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, Colorado Vincentian Volunteers reported income of $528k and spending of $531k, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $718k to $528k (-26%), an average of -7.4% a year. The sharpest change came in the year to June 2024, when income rose by 38%. Over the whole period it spent 114% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Colorado Vincentian Volunteers sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within CO. Charities of a similar size with the same main cause include One Hope ($528k), Baptist Foundation of Maryland Delaware Inc ($528k) and Chabad Lubavitch Mitzvah Tank ($528k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 48% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $99k (19% of expenses). Other salaries and wages came to $219k. At year end it held assets of $1.5m against liabilities of $27k, net assets of $1.5m. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.