Color a Positive Thought Organization
Analysis
Color a Positive Thought Organization is a registered charity in United States, based in Bridgeport, CT. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, Color a Positive Thought Organization reported income of $277k and spending of $305k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $318k to $277k (-13%), an average of -13% a year. Over the whole period it spent 107% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, Color a Positive Thought Organization sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within CT. Charities of a similar size with the same main cause include Winter Springs Youth Sports Inc ($277k), Board of Regents of the University of Wisconsin System ($277k) and Kyles Family Foundation ($277k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $25k (8.2% of expenses). Other salaries and wages came to $3,500. At year end it held assets of $32k against liabilities of $0, net assets of $32k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Winter Springs Youth Sports Inc | Winter SPGS | $277k |
| Board of Regents of the University of Wisconsin System | Sheboygan | $277k |
| Kyles Family Foundation | Woodland HLS | $277k |
| Roslyn Booster Basketball Club Inc | Roslyn | $278k |