Columbus Colony Inc

Analysis

Columbus Colony Inc is a registered charity in United States, based in Westerville, OH. It received its IRS tax-exemption ruling in October 1979, 47 years ago. 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 Inc reported income of $287k and spending of $95k, leaving 67% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $76k to $287k (+277%), an average of +39% a year. The sharpest change came in the year to December 2020, when income rose by 294%. Over the whole period it spent 42% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Columbus Colony Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within OH. Charities of a similar size with the same main cause include Fundacion Agenda Ciudadana Inc ($287k), Sun Prairie Nursery School Inc ($287k) and Jackson Family Child Care Happy Hearts Kiddiecare ($287k).

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 $32k. At year end it held assets of $905k against liabilities of $1,481, net assets of $903k. It reported 1 employees.