True North of Columbia Inc

Analysis

True North of Columbia Inc is a registered charity in United States, based in Columbia, MO. It received its IRS tax-exemption ruling in December 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, True North of Columbia Inc reported income of $2.3m and spending of $1.9m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.3m (+56%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 98%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, True North of Columbia Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within MO. Charities of a similar size with the same main cause include Stanwood Camano Food Bank Services ($2.3m), Majella Cares ($2.3m) and My Extended Family ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $164k (8.5% of expenses). Other salaries and wages came to $981k. At year end it held assets of $3.5m against liabilities of $58k, net assets of $3.5m. It reported 64 employees.