St Columbans on the Lake

Analysis

St Columbans on the Lake is a registered charity in United States, based in Silver Creek, NY. It received its IRS tax-exemption ruling in March 1946, 80 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 December 2023, St Columbans on the Lake reported income of $2.5m and spending of $2.4m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $2.5m (+17%), an average of +4.0% a year. The sharpest change came in the year to December 2020, when income rose by 15%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Columbans on the Lake sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Associated Students of Stanford University ($2.5m), Friendly Center Inc ($2.5m) and Guardian Revival Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 82% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $2.6m against liabilities of $127k, net assets of $2.5m. It reported 52 employees.