Columbus Colony Housing II Inc

Analysis

Columbus Colony Housing II Inc is a registered charity in United States, based in Westerville, OH. It received its IRS tax-exemption ruling in October 1999, 27 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Columbus Colony Housing II Inc reported income of $417k and spending of $585k, spending 140% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $419k to $417k (-0.4%), an average of -0.1% a year. The sharpest change came in the year to December 2022, when income rose by 32%. Over the whole period it spent 124% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Columbus Colony Housing II Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within OH. Charities of a similar size with the same main cause include Centro Geriatrico LA Milagrosa ($417k), West Haven Foundation for Retarded ($417k) and Community Partners Housing Development Fund Corporation ($416k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $48k. At year end it held assets of $2.7m against liabilities of $172k, net assets of $2.6m. It reported 5 employees.

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.