Columbian Charities of CT Inc

Analysis

Columbian Charities of CT Inc is a registered charity in United States, based in Bristol, CT. It received its IRS tax-exemption ruling in June 1978, 48 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Columbian Charities of CT Inc reported income of $124k and spending of $157k, spending 127% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $187k to $124k (-34%), an average of -9.8% a year. The sharpest change came in the year to June 2020, when income dropped by 28%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Columbian Charities of CT Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within CT. Charities of a similar size with the same main cause include Belmont San Mateo Babe Ruth Baseball League ($124k), Webster Township Historical Society ($124k) and Scott County Historical Society Incorporated ($124k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 111% of the total. At year end it held assets of $91k against liabilities of $0, net assets of $91k.