Columbia Second Chance

Analysis

Columbia Second Chance is a registered charity in United States, based in Columbia, MO. It received its IRS tax-exemption ruling in July 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Columbia Second Chance reported income of $992k and spending of $473k, leaving 52% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $377k to $992k (+163%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 165%. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Columbia Second Chance sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within MO. Charities of a similar size with the same main cause include Legacy Parenting Center ($992k), Food System 6 Accelerator Inc ($992k) and Foundation for Dane County Parks Inc ($992k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 9.8% of the total. Compensation of current officers, directors and key employees was $100k (21% of expenses). At year end it held assets of $1.5m against liabilities of $40k, net assets of $1.4m. It reported 15 employees.