Colorado Fund for People with Disabilities Incorporated
Analysis
Colorado Fund for People with Disabilities Incorporated is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Colorado Fund for People with Disabilities Incorporated reported income of $2.7m and spending of $2.6m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $2.7m (+23%), an average of +5.4% a year. Over the whole period it spent 100% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, Colorado Fund for People with Disabilities Incorporated 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 Ridc Mill 19b ($2.7m), Workshops Empowerment Inc ($2.7m) and The Workforce Connection Inc ($2.7m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $451k (17% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $752k against liabilities of $496k, net assets of $256k. It reported 23 employees.
Income and spending
Where the income comes from
- Contributions & grants 33%
- Program services 67%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ridc Mill 19b | Pittsburgh | $2.7m |
| Workshops Empowerment Inc | Birmingham | $2.7m |
| The Workforce Connection Inc | Rockford | $2.7m |
| Verde Valley Sanctuary | Sedona | $2.7m |