Columbus Home Association of Quincy Inc

Analysis

Columbus Home Association of Quincy Inc is a registered charity in United States, based in Quincy, IL. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable purposes. 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 June 2024, Columbus Home Association of Quincy Inc reported income of $444k and spending of $347k, leaving 22% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $368k to $444k (+21%), an average of +3.9% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Columbus Home Association of Quincy Inc sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within IL. Charities of a similar size with the same main cause include Foundation for Home Health Inc ($444k), Tama County Day Care Inc ($444k) and Society for Neuroscience in Anesthesiology & Critical Care ($444k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 42% of the total. Other salaries and wages came to $145k. At year end it held assets of $482k against liabilities of $4,178, net assets of $478k. It reported 54 employees.