Philanthropy Colorado
Public records show a registered, tax-exempt organization in good standing.
What it says it does
PHILANTHROPY COLORADO IS A NONPROFIT MEMBERSHIP ASSOCIATION FOR GRANTMAKERS THROUGHOUT THE STATE. ITS MISSION IS STRENGTHEN COLORADO COMMUNITIES BY BRINGING PEOPLE, INFORMATION AND RESOURCES TOGETHER.
- Income
- $660,322
- Spending
- $899,279
- Spent on programs
- 85%
- Reserves
- 9.6 months of spending
- Largest source of income
- fees for its services, 56%
- Employees
- 5
- Volunteers
- 69
- Highest pay
- $124,688, ceo
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 59 out of 100. Higher than 17% of charities in its peer group (philanthropy, $250k to $1m).
Reserves
28 of 35Spendable reserves would cover 9.6 months of spending.
Debt
16 of 20It owes 22% of what it owns.
Living within its means
0 of 15Spending exceeded income by 36% of income.
Income trend
0 of 15Income fell 28% on the year before.
Spending floor
15 of 1585% of spending went to programs and raising each dollar of donations cost 5 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 97 out of 100. Higher than 89% of charities in its peer group (philanthropy, $250k to $1m).
Independent board
25 of 2514 of 14 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
12 of 15Its accounts were reviewed or compiled by an independent accountant, but not audited.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $763,183 spent. In 2024, Philanthropy Colorado advanced its mission to strengthen Colorado communities by delivering high-impact programs, convenings, and peer learning opportunities for philanthropic professionals across the state. The organization hosted 25 member-wide learning programs, six issue briefings, and 50 peer network meetings, engaging over 1,200 participants throughout the year. Programs focused on trust-based philanthropy, rural economic development, housing, racial equity, nonprofit financial health, and the ethical use of AI in grantmaking. Notably, Philanthropy Colorado facilitated a statewide cohort on trust-based philanthropy in partnership with the Trust-Based Philanthropy Project, as well as regional learning exchanges in Morgan County and the Gunnison Valley.The organization also led sessions on emerging sector issues, including climate action, data-driven decision-making, and policy engagement. Among the most attended events were Trending 2024: Hotly Debated Topics in Philanthropy, the Nonprofit Finance Fund workshop, and Responsible AI Adoption in Philanthropy. Engagement in peer networks, particularly the Rural Funders Learning Network and Climate Action Network, continued to grow.Overall satisfaction remained high, with 87% of participants rating programs as very good or excellent, and 79% reporting they gained actionable strategies to apply in their work. Philanthropy Colorado continues to refine its offerings based on member feedback and is committed to inclusive, community-centered programming that elevates equity, advocacy, and collaboration in philanthropy.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 2003.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.