Co-lab Projects is a 501(c)(3) organization based in Austin, Texas, registered in 2014, with $185,434 in FY2025 revenue. CharityIndex grades it B.
Revenue (FY2025)
$185K
▲ 4.6% vs prior year
Arts & Culture median: $159K
Expenses (FY2025)
$129K
Net assets
$191K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Co-lab Projects— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Co-lab Projects: 18 mo reserves · +30% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Co-lab Projects— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Co-lab Projects: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $73K (FY2014) to $185K (FY2025) across 12 reported years.
Financial snapshot
Operating margin
30.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$483K
Total liabilities
$292K
Net assets
$191K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $185,434▲4.6% | $128,917▼36.4% | $190,773▲42.1% | $483,225▲9.6% | 990EZ |
| 2024 | $177,357▲33.8% | $202,785▲86.9% | $134,256▼15.9% | $441,096▼7.1% | 990EZ |
| 2023 | $132,534▲63.5% | $108,510▲2.0% | $159,684▲17.7% | $474,815▲4.6% | 990EZ |
| 2022 | $81,066▼39.9% | $106,417▼9.1% | $135,660▼15.7% | $453,794▼10.1% | 990EZ |
| 2021 | $134,990▼35.6% | $117,026▼25.5% | $161,011▼11.0% | $504,627▲179% | 990 |
| 2020 | $209,705▲13.8% | $157,131▼8.4% | $180,919▲41.0% | $180,919▲41.0% | 990 |
| 2019 | $184,229▲32.4% | $171,450▲96.4% | $128,345▲11.1% | $128,345▲11.1% | 990EZ |
| 2018 | $139,194▲39.2% | $87,309▼13.2% | $115,566▲81.5% | $115,566▲81.5% | 990EZ |
| 2017 | $99,973▲69.3% | $100,531▲46.5% | $63,681▼0.9% | $63,681▼0.9% | 990EZ |
| 2016 | $59,051▼68.9% | $68,609▼53.0% | $64,239▼13.0% | $64,239▼13.0% | 990EZ |
| 2015 | $189,828▲160% | $145,975▲90.2% | $73,797▲146% | $73,797▲146% | 990EZ |
| 2014 | $73,126 | $76,760 | $29,944 | $29,944 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
1 grant to Co-lab Projects totaling $6,000, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $6,000 |
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Data for Co-lab Projects (EIN 45-3627986) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.