Colorado League of Charter Schools

Analysis

Colorado League of Charter Schools is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in July 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 June 2023, Colorado League of Charter Schools reported income of $3.7m and spending of $3.3m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.2m to $3.7m (+15%), an average of +3.6% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Colorado League of Charter Schools sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CO. Charities of a similar size with the same main cause include Great Oaks Academy ($3.7m), Naval Postgraduate School Foundation Inc ($3.7m) and Environmental and Spatial Technology Inc ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $328k (9.8% of expenses). Other salaries and wages came to $666k. At year end it held assets of $3.0m against liabilities of $361k, net assets of $2.7m. It reported 14 employees.