Denver Research Institute

Analysis

Denver Research Institute is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in November 1997, 29 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Denver Research Institute reported income of $5.0m and spending of $6.1m, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $8.0m to $5.0m (-38%), an average of -11% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Denver Research Institute sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CO. Charities of a similar size with the same main cause include New Directions Treatment Services ($5.0m), Scott & White Emergency Medical Services ($5.0m) and Believe in Tomorrow National Childrens Foundation Inc ($5.0m).

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 $186k (3.0% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $4.5m against liabilities of $1.5m, net assets of $3.1m. It reported 58 employees.