Colorado Opportunity Foundation

Analysis

Colorado Opportunity Foundation is a registered charity in United States, based in Englewood, CO. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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 Opportunity Foundation reported income of $2.7m and spending of $3.3m, spending 123% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $2.0m to $2.7m (+32%), an average of +9.7% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 97% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Colorado Opportunity Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CO. Charities of a similar size with the same main cause include Esperanza Shelter Inc ($2.7m), Unity Childrens Home ($2.7m) and Fair Housing Justice Center Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $305k against liabilities of $0, net assets of $305k.