Colorado Fourteeners Initiative

Analysis

Colorado Fourteeners Initiative is a registered charity in United States, based in Lakewood, CO. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Colorado Fourteeners Initiative reported income of $2.0m and spending of $2.0m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.0m (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2021, when income rose by 16%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Colorado Fourteeners Initiative sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CO. Charities of a similar size with the same main cause include Vandal Boosters Inc ($2.0m), Washington County Fair Inc ($2.0m) and Triple R Ranch Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $179k (8.9% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $2.8m against liabilities of $736k, net assets of $2.1m. It reported 39 employees.