Booth Manor-Columbus Inc

Analysis

Booth Manor-Columbus Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2023, Booth Manor-Columbus Inc reported income of $166k and spending of $168k, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $96k to $166k (+72%), an average of +15% a year. The sharpest change came in the year to September 2023, when income rose by 58%. Over the whole period it spent 128% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Booth Manor-Columbus Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within IN. Charities of a similar size with the same main cause include Diamond Sunrise II Corporation ($166k), Gault Grove Apartments Inc ($166k) and First Place-Phoenix Transitional Homes ($166k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 18% and program service revenue 45% of the total. Other salaries and wages came to $32k. At year end it held assets of $904k against liabilities of $1.4m, net assets of -$537k.

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.