Denver Broncos Foundation

Analysis

Denver Broncos Foundation is a registered charity in United States, based in Englewood, CO. It received its IRS tax-exemption ruling in October 1996, 30 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Denver Broncos Foundation reported income of $5.8m and spending of $5.4m, spending 94% of its income. Across the 5 years on record, from March 2019 to December 2023, income grew from $769k to $5.8m (+651%), an average of +66% a year. The sharpest change came in the year to December 2023, when income rose by 617%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Denver Broncos Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CO. Charities of a similar size with the same main cause include Council of Michigan Foundations Inc ($5.8m), David C Ai Crat 05051996 ($5.8m) and Virgin Unite USA Inc ($5.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.