His House of Columbia Inc

Analysis

His House of Columbia Inc is a registered charity in United States, based in West Columbia, SC. It received its IRS tax-exemption ruling in March 1976, 50 years ago. 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 2022, His House of Columbia Inc reported income of $1.5m and spending of $1.3m, spending 83% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.5m to $1.5m (+1.0%), an average of +0.3% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, His House of Columbia Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within SC. Charities of a similar size with the same main cause include Kenny Guinn Center for Policy Priorities ($1.5m), Vernon Council on Aging Inc ($1.5m) and Young Mens Christian Association of Springfield ($1.5m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 83% of the total. Compensation of current officers, directors and key employees was $155k (12% of expenses). Other salaries and wages came to $176k. At year end it held assets of $4.1m against liabilities of $1.1m, net assets of $3.1m. It reported 8 employees.