Colorado Artists in Recovery

Analysis

Colorado Artists in Recovery is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Colorado Artists in Recovery reported income of $300k and spending of $225k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $188k to $300k (+60%), an average of +60% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Colorado Artists in Recovery sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within CO. Charities of a similar size with the same main cause include Discovery Station at Hagerstown Inc ($300k), The Queer Big Apple Corps Inc ($300k) and Christian Media Incorporated ($300k).

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 $58k (26% of expenses). Other salaries and wages came to $31k. At year end it held assets of $131k against liabilities of $912, net assets of $130k. It reported 3 employees.