Ben Colorado Inc

Analysis

Ben Colorado Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in November 2020, 6 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 December 2023, Ben Colorado Inc reported income of $710k and spending of $698k, spending 98% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $1.0m to $710k (-30%), an average of -11% a year. The sharpest change came in the year to December 2022, when income dropped by 43%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ben Colorado Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within CO. Charities of a similar size with the same main cause include Multi-Specialty Foundation for Facial Aesthetic Surgery Inc ($709k), Dolphin Scholarship Foundation ($710k) and Case Method Institute for Education and Democracy Inc ($709k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $428k. It paid $43k in professional fundraising fees. At year end it held assets of $772k against liabilities of $0, net assets of $772k. It reported 7 employees.