Hmong American Association of Colorado

Analysis

Hmong American Association of Colorado is a registered charity in United States, based in Westminster, CO. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Hmong American Association of Colorado reported income of $100k and spending of $52k, leaving 48% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $1,525 to $100k (+6435%), an average of +6435% a year. The sharpest change came in the year to December 2023, when income rose by 6435%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hmong American Association of Colorado sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 33rd percentile within CO. Charities of a similar size with the same main cause include Place of Hope ($100k), Metamorphosis Silc Inc ($100k) and Outstretched Hands Inc ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.7% and program service revenue 90% of the total. At year end it held assets of $70k against liabilities of $0, net assets of $70k.