Association of Colorado Independent Schools

Analysis

Association of Colorado Independent Schools is a registered charity in United States, based in Littleton, CO. It received its IRS tax-exemption ruling in December 1963, 63 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Association of Colorado Independent Schools reported income of $545k and spending of $498k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $373k to $545k (+46%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Association of Colorado Independent Schools sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 69th percentile within CO. Charities of a similar size with the same main cause include California Workforce Association Foundation ($545k), North American Vascular Biology Organization Inc ($545k) and R a C E Reaching All Children Equally ($545k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $177k (36% of expenses). Other salaries and wages came to $86k. At year end it held assets of $719k against liabilities of $248k, net assets of $471k. It reported 3 employees.