Colorado Chorale

Analysis

Colorado Chorale is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in December 1972, 54 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 2024, Colorado Chorale reported income of $66k and spending of $73k, spending 110% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $45k to $66k (+48%), an average of +48% a year. The sharpest change came in the year to June 2024, when income rose by 48%. Over the whole period it spent 123% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Colorado Chorale sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 22nd percentile within CO. Charities of a similar size with the same main cause include We Support the Troops Inc ($66k), Chambers County Farmers Federation ($66k) and Enatai PTA Unit ($66k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 58% and program service revenue 10% of the total. At year end it held assets of $224k against liabilities of $0, net assets of $224k.