Columbia Hebrew Benevolent Society

Analysis

Columbia Hebrew Benevolent Society is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in March 1952, 74 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 April 2024, Columbia Hebrew Benevolent Society reported income of $71k and spending of $42k, leaving 40% of income unspent that year. Across the 2 years on record, from April 2023 to April 2024, income grew from $34k to $71k (+106%), an average of +106% a year. The sharpest change came in the year to April 2024, when income rose by 106%. Over the whole period it spent 84% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Columbia Hebrew Benevolent Society sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 34th percentile within SC. Charities of a similar size with the same main cause include Renewport Inc ($71k), Advance Bristol Foundation ($71k) and Winston Community Development Inc ($71k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 19% of the total. At year end it held assets of $460k against liabilities of $0, net assets of $460k.