Colorado Homeschool Enrichment

Analysis

Colorado Homeschool Enrichment is a registered charity in United States, based in New Castle, CO. It received its IRS tax-exemption ruling in November 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Colorado Homeschool Enrichment reported income of $3.6m and spending of $3.3m, spending 91% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $748k to $3.6m (+385%), an average of +385% a year. The sharpest change came in the year to June 2024, when income rose by 385%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Colorado Homeschool Enrichment sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CO. Charities of a similar size with the same main cause include Trinity Classical School of Houston Inc ($3.6m), Trio New College Network Inc ($3.6m) and The Biome ($3.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $59k (1.8% of expenses). Other salaries and wages came to $581k. At year end it held assets of $511k against liabilities of $107k, net assets of $404k. It reported 37 employees.