Paradigmone Inc a Colorado Non-Profit Corporation

Analysis

Paradigmone Inc a Colorado Non-Profit Corporation is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in November 2020, 6 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Paradigmone Inc a Colorado Non-Profit Corporation reported income of $3.1m and spending of $2.6m, spending 85% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $414k to $3.1m (+641%), an average of +172% a year. The sharpest change came in the year to December 2022, when income rose by 373%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Paradigmone Inc a Colorado Non-Profit Corporation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CO. Charities of a similar size with the same main cause include Jackson Area Council on Alcoholism and Drug Dependency ($3.1m), Chapman Adult Care Homes Inc ($3.1m) and Sparrow Foundation ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 9.1% of the total. Other salaries and wages came to $935k. At year end it held assets of $1.4m against liabilities of $271k, net assets of $1.1m. It reported 33 employees.