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Family Voices Colorado Inc

RegisteredEIN 84-4273461Denver, COPoverty relief
Income$439k2023-12
Spending$360ksame year
Spent / received80%2-year average
Size in its cause62nd pctPoverty relief
Exempt since2020Publicly supported organisat
Employees9latest return

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

$0$110k$219k$329k$439k2022 Income: $249,7152022 Spending: $189,97420222023 Income: $438,5912023 Spending: $359,8482023
IncomeSpending

Where the income comes from

  • Contributions & grants 61%
  • Program services 39%

Similar-sized charities, same cause

CharityLocationIncome
Off the Streets IncBethel$439k
North-Northeast BusinessPortland$439k
Helping Hand Me DownsSaint Louis$439k
Ivy Womens Center IncMentor$439k