Cancer League of Colorado Foundation Inc

Analysis

Cancer League of Colorado Foundation Inc is a registered charity in United States, based in Englewood, CO. It received its IRS tax-exemption ruling in January 1997, 29 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 2023, Cancer League of Colorado Foundation Inc reported income of $54k and spending of $106k, spending 198% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $136k to $54k (-60%), an average of -21% a year. The sharpest change came in the year to June 2020, when income dropped by 63%. Over the whole period it spent 140% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cancer League of Colorado Foundation Inc sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 18th percentile within CO. Charities of a similar size with the same main cause include Trial Blazers for Kids Inc ($54k), Sayville Cabinet for the Sick Inc ($54k) and Ufcw Local 888 Charitable Fund ($54k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.3% of the total. At year end it held assets of $1.9m against liabilities of $180k, net assets of $1.7m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.