Colorado Historical Foundation

Analysis

Colorado Historical Foundation is a registered charity in United States, based in Golden, CO. It received its IRS tax-exemption ruling in February 1966, 60 years ago. 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 2023, Colorado Historical Foundation reported income of $1.7m and spending of $833k, leaving 50% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $682k to $1.7m (+144%), an average of +35% a year. The sharpest change came in the year to June 2023, when income rose by 215%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Colorado Historical Foundation 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 84th percentile, and in the 84th percentile within CO. Charities of a similar size with the same main cause include Lions of Illinois Foundation ($1.7m), Senior Citizens Center of Saratoga Springs Inc ($1.7m) and Young Mens Christian Association of Wheeling ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% and program service revenue 5.5% of the total. Compensation of current officers, directors and key employees was $113k (14% of expenses). Other salaries and wages came to $93k. At year end it held assets of $12.9m against liabilities of $3.7m, net assets of $9.2m. It reported 3 employees.