Wednesday, June 07, 2006

Gazette.com-Nonprofits thriving in Springs

Gazette.com: "Nonprofits thriving in Springs

By DEBBIE KELLEY THE GAZETTE

Charities in Colorado Springs are the fastest-growing in the nation, according to an annual study of the nation’s 5,000 largest charities.

The 36 biggest charities in the Springs increased their revenue by a median of 8.1 percent and reported a median income of $4.8 million for the most recent Internal Revenue Service filings studied by Charity Navigator, an independent evaluator of nonprofit finances.

Those figures outpace the national median growth of 4.7 percent and a revenue median of $4.4 million. "

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