Diamond Council of Columbia Inc

Analysis

Diamond Council of Columbia Inc is a registered charity in United States, based in Columbia, MO. It received its IRS tax-exemption ruling in August 1988, 38 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, Diamond Council of Columbia Inc reported income of $338k and spending of $350k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $388k to $338k (-13%), an average of -3.4% a year. The sharpest change came in the year to December 2020, when income dropped by 33%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Diamond Council of Columbia Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within MO. Charities of a similar size with the same main cause include New York City Gay Hockey Association ($338k), Massachusetts State Referee Committee Inc ($338k) and Capital District Youth Soccer League Inc ($337k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $88k. At year end it held assets of $254k against liabilities of $76k, net assets of $178k. It reported 33 employees.