Columbia County Resources Inc

Analysis

Columbia County Resources Inc is a registered charity in United States, based in Lake City, FL. It received its IRS tax-exemption ruling in August 1995, 31 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 June 2023, Columbia County Resources Inc reported income of $1.4m and spending of $1.2m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $503k to $1.4m (+184%), an average of +30% a year. The sharpest change came in the year to June 2023, when income rose by 141%. Over the whole period it spent 74% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Columbia County Resources Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include Competitive Champions of the Carolinas ($1.4m), U S a National Karate-Do Federation Inc ($1.4m) and Justice and Mercy Legal Aid Center ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $175k. At year end it held assets of $1.9m against liabilities of $11k, net assets of $1.9m. It reported 12 employees.