Colorado Community Action Association

Analysis

Colorado Community Action Association is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in January 2001, 25 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 August 2023, Colorado Community Action Association reported income of $511k and spending of $529k, spending 104% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $348k to $511k (+47%), an average of +10% a year. The sharpest change came in the year to August 2022, when income rose by 59%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Colorado Community Action Association 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 71st percentile, and in the 68th percentile within CO. Charities of a similar size with the same main cause include Springfield Workshop Foundation Inc ($510k), Boston Prime Timers Inc ($511k) and Boston Carpenters Training Center ($510k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $107k (20% of expenses). Other salaries and wages came to $212k. At year end it held assets of $207k against liabilities of $59k, net assets of $147k. It reported 4 employees.