Colonel Properties Inc

Analysis

Colonel Properties Inc is a registered charity in United States, based in Delaware, OH. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Colonel Properties Inc reported income of $122k and spending of $147k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $102k to $122k (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 147% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Colonel Properties Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within OH. Charities of a similar size with the same main cause include Mitakuye Foundation ($122k), Depression and Bipolar Support Alliance ($122k) and New Beginnings Pregnancy Care Center Inc ($122k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 47% of the total. Other salaries and wages came to $3,264. At year end it held assets of $645k against liabilities of $164k, net assets of $481k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.