Columbus Veterans Beneficial Board

Analysis

Columbus Veterans Beneficial Board is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in January 2003, 23 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Columbus Veterans Beneficial Board reported income of $57k and spending of $54k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $34k to $57k (+68%), an average of +68% a year. The sharpest change came in the year to December 2023, when income rose by 68%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Columbus Veterans Beneficial Board sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within OH. Charities of a similar size with the same main cause include Volunteers of America Inc ($57k), The Nashville Surgical Society ($57k) and Library Club of Menard Inc ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $359k against liabilities of $0, net assets of $359k.