University of Colorado Foundation

Analysis

University of Colorado Foundation is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in September 1967, 59 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, University of Colorado Foundation reported income of $342.2m and spending of $281.8m, spending 82% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $259.1m to $342.2m (+32%), an average of +7.2% a year. The sharpest change came in the year to June 2021, when income rose by 90%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Colorado Foundation sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within CO. Charities of a similar size with the same main cause include Suffolk University ($339.0m), MCPHS University ($342.3m) and Pratt Institute ($337.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 66% and program service revenue 2.0% of the total. Compensation of current officers, directors and key employees was $1.8m (0.7% of expenses). Other salaries and wages came to $1.4m. It paid $878k in professional fundraising fees. At year end it held assets of $3.23bn against liabilities of $642.3m, net assets of $2.59bn. It reported 29 employees.