Colorado · Nonprofit
DENVER BASIC INCOME PROJECT
DENVER BASIC INCOME PROJECT (Colorado) receives grants from 13 organizations whose IRS filings report $2,518,689 to it, the largest being THE DENVER FOUNDATION ($2,021,000). 3 of them have funded it in more than one year, and 94% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $3.4M
- Funders on record
- 13
- Grants received
- $2.5M
- Net assets
- $580k
What Denver Basic Income Project does
Mission
The Denver Basic Income Project advances economic stability and human dignity by providing unconditional direct cash payments to individuals and families experiencing homelessness or housing instability in Denver, Colorado. The organizations purpose is to evaluate and demonstrate the effectiveness of guaranteed income as a tool to reduce poverty, improve housing stability, and enhance overall well-being. Through research, data collection, and community engagement, the Project contributes to evidence-based policy development and broader systems change toward a more just and equitable society.
As stated on its FY2023 Form 990.
Program
The project was under the fiscal sponsorship of Impact Charitable in 2023. Denver Basic Income Project registered the independent 501(c)(3) in 2023 but did not start operating the project until 2024.
$10 spent100% of program spending
The program described on its FY2023 Form 990. Program spending in total: $10.
The organization over time
Each line starts at 100 in 2023, so what you read is the shape rather than the size: 150 means half as much again as 2023, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $2.2M to $835k (−61%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2024 59%. Grants only. Government contracts and fees sit inside program revenue.
99% of DENVER BASIC INCOME PROJECT’s revenue is contributions — more reliant on donations than three-quarters of its peers (81% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 2 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Mark Donovan
Executive director
Board chair
Virigina Ortiz
Board chair
As listed on its FY2024 Form 990.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
7 of 13 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 94% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of DENVER BASIC INCOME PROJECT’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
DENVER BASIC INCOME PROJECT leans on a few funders — its largest provides 80% of grant income and the top three 94%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
95% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund DENVER BASIC INCOME PROJECT.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
94% of DENVER BASIC INCOME PROJECT's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $146k that is directly attributable, 83% of it comes from funders outside Colorado, across 2 states.
Funder states come from each funder’s own filing. $2.4M arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
DENVER BASIC INCOME PROJECT has grown faster than three-quarters of the 11,274 human services nonprofits its size.
this organization peer median middle 50% of peers· 11,274 human services nonprofits $1M–$10M, FY2024
Organizations like DENVER BASIC INCOME PROJECT
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Colorado
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
95% of spending goes to programs.
Governance
Footprint & structure
Part of a family of 1 related entity
- Impactable Charitable Foundation · exempt
Screen this organization
A dated, signed PDF of the compliance screen for DENVER BASIC INCOME PROJECT: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds DENVER BASIC INCOME PROJECT?
- DENVER BASIC INCOME PROJECT (Colorado) receives grants from 13 organizations whose IRS filings report $2,518,689 to it, the largest being THE DENVER FOUNDATION ($2,021,000). 3 of them have funded it in more than one year, and 94% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does DENVER BASIC INCOME PROJECT have?
- IRS filings report 13 organizations giving $2,518,689 in grants to DENVER BASIC INCOME PROJECT, 3 of which have funded it in more than one year.
- Who is the largest funder of DENVER BASIC INCOME PROJECT?
- THE DENVER FOUNDATION is the largest funder on record, with $2,021,000 in grants. The full list of funders is on this page.
- How can an organization like DENVER BASIC INCOME PROJECT find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Colorado. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Denver Basic Income Project →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2023–2024), and the filings of 13 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing