Culinary Hospitality Outreach and Wellness Inc

Analysis

Culinary Hospitality Outreach and Wellness Inc is a registered charity in United States, based in Broomfield, CO. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 December 2023, Culinary Hospitality Outreach and Wellness Inc reported income of $490k and spending of $397k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $311k to $490k (+58%), an average of +58% a year. The sharpest change came in the year to December 2023, when income rose by 58%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Culinary Hospitality Outreach and Wellness Inc sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 67th percentile within CO. Charities of a similar size with the same main cause include Triple H Equitherapy Center ($490k), Mobile Clinical Services Inc ($490k) and Open Arts Alliance Inc ($490k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $77k (19% of expenses). Other salaries and wages came to $87k. At year end it held assets of $242k against liabilities of $27k, net assets of $215k. It reported 4 employees.