Colorado National Monument Association
Analysis
Colorado National Monument Association is a registered charity in United States, based in Fruita, CO. It received its IRS tax-exemption ruling in July 1964, 62 years ago. 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 National Monument Association reported income of $503k and spending of $398k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $378k to $503k (+33%), an average of +7.4% a year. The sharpest change came in the year to December 2021, when income rose by 76%. Over the whole period it spent 86% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Colorado National Monument Association sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within CO. Charities of a similar size with the same main cause include Baldwin Research Institute Inc ($503k), Childrens House Inc ($503k) and Womens Golf Coaches Association Inc ($503k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% of the total. Compensation of current officers, directors and key employees was $45k (11% of expenses). Other salaries and wages came to $156k. At year end it held assets of $772k against liabilities of $58k, net assets of $714k. It reported 9 employees.
Income and spending
Where the income comes from
- Contributions & grants 25%
- Other 75%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Baldwin Research Institute Inc | Amsterdam | $503k |
| Childrens House Inc | Indianapolis | $503k |
| Womens Golf Coaches Association Inc | Frisco | $503k |
| National Church Residences of | Columbus | $503k |