Denver School of Science and Technology Inc
Analysis
Denver School of Science and Technology Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in January 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Denver School of Science and Technology Inc reported income of $108.1m and spending of $114.9m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $18.6m to $108.1m (+483%), an average of +55% a year. The sharpest change came in the year to June 2021, when income rose by 469%. Over the whole period it spent 103% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Denver School of Science and Technology Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within CO. Charities of a similar size with the same main cause include Roseman University of Health Sciences a Nevada Non-Profit Corp ($107.8m), University of Mount Saint Vincent ($108.2m) and Roanoke College ($107.8m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $1.4m (1.2% of expenses). Other salaries and wages came to $60.9m. At year end it held assets of $61.0m against liabilities of $18.6m, net assets of $42.5m. It reported 1,262 employees.
Income and spending
Where the income comes from
- Contributions & grants 15%
- Program services 84%
- Other 0.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Roseman University of Health Sciences a Nevada Non-Profit Corp | Henderson | $107.8m |
| University of Mount Saint Vincent | Riverdale | $108.2m |
| Roanoke College | Salem | $107.8m |
| Wartburg College | Waverly | $108.6m |