Destination Imagination Colorado

Analysis

Destination Imagination Colorado is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in January 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Destination Imagination Colorado reported income of $322k and spending of $258k, spending 80% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $170k to $322k (+89%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 40%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Destination Imagination Colorado sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within CO. Charities of a similar size with the same main cause include Foundation of the University at Presque Isle ($321k), Mount Hope Christian Academy Inc ($322k) and Nola Nature School Corporation ($321k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 64% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $58k (23% of expenses). At year end it held assets of $213k against liabilities of $1,027, net assets of $212k. It reported 2 employees.