Helen G Bonfils Foundation

Analysis

Helen G Bonfils Foundation is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in May 1967, 59 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Helen G Bonfils Foundation reported income of $949k and spending of $1.5m, spending 156% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $301k to $949k (+215%), an average of +33% a year. The sharpest change came in the year to June 2024, when income rose by 166%. Over the whole period it spent 325% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Helen G Bonfils Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within CO. Charities of a similar size with the same main cause include Lawyers for the Creative Arts ($949k), San Juan County Museum Association ($949k) and Partnership for Economics Education and Research ($949k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.0% of the total. At year end it held assets of $37.0m against liabilities of $5.2m, net assets of $31.9m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.