Family Voices Colorado Inc
Analysis
Family Voices Colorado Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Family Voices Colorado Inc reported income of $439k and spending of $360k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $250k to $439k (+76%), an average of +76% a year. The sharpest change came in the year to December 2023, when income rose by 76%. Over the whole period it spent 80% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Voices Colorado Inc 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 68th percentile, and in the 65th percentile within CO. Charities of a similar size with the same main cause include Off the Streets Inc ($439k), North-Northeast Business ($439k) and Helping Hand Me Downs ($439k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $79k (22% of expenses). Other salaries and wages came to $130k. At year end it held assets of $243k against liabilities of $14k, net assets of $229k. It reported 9 employees.
Income and spending
Where the income comes from
- Contributions & grants 61%
- Program services 39%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Off the Streets Inc | Bethel | $439k |
| North-Northeast Business | Portland | $439k |
| Helping Hand Me Downs | Saint Louis | $439k |
| Ivy Womens Center Inc | Mentor | $439k |