The S S Columbia Project

Analysis

The S S Columbia Project is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2007, 19 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The S S Columbia Project reported income of $66k and spending of $97k, spending 148% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $130k to $66k (-49%), an average of -16% a year. The sharpest change came in the year to December 2021, when income rose by 77%. Over the whole period it spent 58% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The S S Columbia Project sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within NY. Charities of a similar size with the same main cause include Rudd Historical Society ($66k), Perrysburg Area Historic Museum ($66k) and LA Casa de LA Herencia Cultural Puertorriquena Inc ($66k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $20k (21% of expenses). At year end it held assets of $2.6m against liabilities of $11k, net assets of $2.6m.