Denver Hybrid College

Analysis

Denver Hybrid College 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 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 June 2024, Denver Hybrid College reported income of $2.2m and spending of $1.8m, spending 84% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $400k to $2.2m (+438%), an average of +52% a year. The sharpest change came in the year to June 2022, when income rose by 124%. 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, Denver Hybrid College sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within CO. Charities of a similar size with the same main cause include Elevate Indianapolis Inc ($2.2m), Calhoun Christian School ($2.2m) and Building African American Minds Inc ($2.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% and program service revenue 3.8% of the total. Compensation of current officers, directors and key employees was $172k (9.5% of expenses). Other salaries and wages came to $915k. At year end it held assets of $1.7m against liabilities of $391k, net assets of $1.3m. It reported 21 employees.