Grant Avenue Community Center & Sacred Place Inc

Analysis

Grant Avenue Community Center & Sacred Place Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in April 2001, 25 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Grant Avenue Community Center & Sacred Place Inc reported income of $151k and spending of $194k, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $175k to $151k (-14%), an average of -3.6% a year. The sharpest change came in the year to December 2021, when income dropped by 29%. Over the whole period it spent 134% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Grant Avenue Community Center & Sacred Place Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within CO. Charities of a similar size with the same main cause include Cancer Research Collaboration Inc ($151k), Early Diagnosis and Treatment Research Foundation Inc ($151k) and G a M E Inc ($151k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $59k (31% of expenses). Other salaries and wages came to $18k. At year end it held assets of $1.1m against liabilities of $163k, net assets of $963k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.