Cathedral Plaza Inc

Analysis

Cathedral Plaza Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Cathedral Plaza Inc reported income of $2.7m and spending of $3.8m, spending 141% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.5m to $2.7m (+85%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 40%. Over the whole period it spent 245% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cathedral Plaza Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CO. Charities of a similar size with the same main cause include Darchei David Foundation ($2.7m), California Masonic Memorial Temple ($2.7m) and Arizona State University Alumni Association ($2.7m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 97% of the total. At year end it held assets of $3.0m against liabilities of $18.2m, net assets of -$15.2m. It reported 1 employees.