Colorbold Business Association Inc

Analysis

Colorbold Business Association Inc is a registered charity in United States, based in Green Bay, WI. It received its IRS tax-exemption ruling in December 2022, 4 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 December 2023, Colorbold Business Association Inc reported income of $155k and spending of $133k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $51k to $155k (+205%), an average of +205% a year. The sharpest change came in the year to December 2023, when income rose by 205%. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Colorbold Business Association Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 47th percentile within WI. Charities of a similar size with the same main cause include Anchored Ministries ($155k), Sabores Well ($156k) and Lakeshore Non-Profit Alliance ($155k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 7.5% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.