Southwest Colorado Education Collaborative

Analysis

Southwest Colorado Education Collaborative is a registered charity in United States, based in Durango, CO. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type iii other) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Southwest Colorado Education Collaborative reported income of $990k and spending of $920k, spending 93% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $323k to $990k (+207%), an average of +207% a year. The sharpest change came in the year to June 2023, when income rose by 207%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southwest Colorado Education Collaborative 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 79th percentile, and in the 78th percentile within CO. Charities of a similar size with the same main cause include Springboro Athletic Boosters Association ($990k), Western Wyoming College Foundation ($991k) and Eda and Cliff Viner Community Scholars Foundation Inc ($990k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $90k (9.8% of expenses). Other salaries and wages came to $158k. At year end it held assets of $293k against liabilities of $212k, net assets of $82k. It reported 3 employees.