Friends of St Colman Foundation

Analysis

Friends of St Colman Foundation is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in October 1999, 27 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Friends of St Colman Foundation reported income of $123k and spending of $197k, spending 160% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $123k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 112% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Friends of St Colman Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 43rd percentile within OH. Charities of a similar size with the same main cause include One 4 Him Ministries ($123k), Comunidad Siervos de Cristo Vivo ($123k) and Christian Learning Centers of Augusta ($123k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $198k against liabilities of $0, net assets of $198k.