Denver Metro Convention & Visitors Bureau Foundation

Analysis

Denver Metro Convention & Visitors Bureau Foundation is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in November 1996, 30 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, Denver Metro Convention & Visitors Bureau Foundation reported income of $164k and spending of $123k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $133k to $164k (+23%), an average of +5.4% a year. The sharpest change came in the year to December 2021, when income rose by 91%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Denver Metro Convention & Visitors Bureau Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within CO. Charities of a similar size with the same main cause include Bret Harte Educational Association ($164k), Alabama Association of Collegiate Registrars & Adm Officers ($164k) and Colorado Field Ornithologists ($164k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $463k against liabilities of $5,000, net assets of $458k.