Tibetan Association of Colorado Inc

Analysis

Tibetan Association of Colorado Inc is a registered charity in United States, based in Broomfield, CO. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Tibetan Association of Colorado Inc reported income of $161k and spending of $124k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $504k to $161k (-68%), an average of -68% a year. The sharpest change came in the year to December 2023, when income dropped by 68%. Over the whole period it spent 31% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Tibetan Association of Colorado Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 45th percentile within CO. Charities of a similar size with the same main cause include The Legacy Home Ministries ($161k), Manhattan His Association ($161k) and Cirenas Inc ($161k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.