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2018 Annual Report on Charitable Solicitations in Colorado

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10. Charitable solicitations highlights 2018

Contributions received by registered charities with 2017 fiscal year end

Based on overall financial reports filed by charities before November 30, 2018, with a reporting period ending any time between January 1, 2017, and December 31, 2017.  Includes charities that used paid solicitors.

Received by Charity count Total $ in millions High $ in millions Average $ in millions Low $ in millions
All charities Charity count 11,633 Total in millions 96,002 High in millions 3,078 Average in millions 8.3 Low in millions 0
Colorado-based charities Charity count 7,321 Total in millions 4.7 High in millions 187 Average in millions 0.6 Low in millions 0

Results of solicitation campaign financial reports filed in 2018

Total gross proceeds $708,547,281
Total net proceeds to charities $593,275,215
Percentage of total gross proceeds to charity 83.7%
Solicitation campaign reports filed 372
Paid solicitors listed on campaign reports 61
Charities listed on campaign reports 262

Note about 2018 data on solicitation campaigns:

The 83.7% ratio of net proceeds to charity seems excellent at first glance, yet if two unique solicitation campaigns conducted on behalf of Network for Good, Inc. ($394 million gross) and The U.S. Charitable Gift Trust ($149 million gross) are subtracted from the totals, the overall percent to charity drops to 40.4%.  These are very large donor advised funds that retain 98% and 95%, respectively, of the gross funds raised.

Giving USA 2018 report highlights

This frequently quoted annual study shows the sources of funding for charities nationally in 2017.

Source $ in billions % of total % change from 2016
Individuals Individual $ in billions 282.65 Individual % of total 70% Individual % change from 2016 +5.2%
Foundations Foundations $ in billions 66.90 Foundations % of total 16% Foundations % change from 2016 +6.0%
Bequests Bequests $ in billions 35.7 Bequests % of total 9% Bequests % change from 2016 +2.3%
Corporations Corporations $ in billions 20.77 Corporations % of total 5% Corporations % change from 2016 +8.0%
All Americans All Americans $ in billions 410.02 All Americans % of total 100% All Americans % change from 2016 +5.2%

Source: Giving USA is Giving USA is Giving USA 2018: The Annual Report on Philanthropy for the Year 2017, www.givingusa.org.