De Colores Foundation

Analysis

De Colores Foundation is a registered charity in United States, based in Chula Vista, CA. It received its IRS tax-exemption ruling in May 1999, 27 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, De Colores Foundation reported income of $408k and spending of $140k, leaving 66% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $590k to $408k (-31%), an average of -8.8% a year. The sharpest change came in the year to December 2021, when income rose by 94%. Over the whole period it spent 23% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, De Colores Foundation 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 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Council for a Secure America Inc ($408k), O C E a N ($408k) and Water Wells for Africa ($408k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $3.4m against liabilities of $0, net assets of $3.4m.