Southern Colorado Community Foundation

Analysis

Southern Colorado Community Foundation is a registered charity in United States, based in Pueblo, CO. It received its IRS tax-exemption ruling in November 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Southern Colorado Community Foundation reported income of $2.4m and spending of $1.5m, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.4m to $2.4m (-46%), an average of -14% a year. The sharpest change came in the year to December 2021, when income rose by 115%. Over the whole period it spent 41% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Southern Colorado Community Foundation 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 87th percentile, and in the 87th percentile within CO. Charities of a similar size with the same main cause include Community Foundation of Southwest Kansas ($2.4m), Jubilee Gift Galaxy Inc ($2.4m) and The Enrichment Foundation ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $150k (9.8% of expenses). Other salaries and wages came to $24k. At year end it held assets of $34.8m against liabilities of $2.9m, net assets of $31.9m. It reported 2 employees.