Columbia Benevolent Organization

Analysis

Columbia Benevolent Organization is a registered charity in United States, based in Columbia, MO. It received its IRS tax-exemption ruling in March 2004, 22 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 March 2024, Columbia Benevolent Organization reported income of $112k and spending of $147k, spending 130% of what it took in. Across the 6 years on record, from March 2019 to March 2024, income grew from $95k to $112k (+18%), an average of +3.3% a year. The sharpest change came in the year to March 2022, when income rose by 146%. Over the whole period it spent 118% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Columbia Benevolent Organization sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within MO. Charities of a similar size with the same main cause include Association for the Liberty Theatre of Eunice ($112k), HCTV Corporation ($112k) and Interacademy Partnership Inc ($112k).

At year end it held assets of $1.4m against liabilities of $1.1m, net assets of $351k.

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.