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Columbia Urban League Inc

RegisteredEIN 57-0482767Columbia, SCPoverty relief
Income$2.6m2022-12
Spending$1.6msame year
Spent / received78%4-year average
Size in its cause85th pctPoverty relief
Exempt since1970Publicly supported organisat
Employees34latest return

Analysis

Columbia Urban League Inc is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in November 1970, 56 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 2022, Columbia Urban League Inc reported income of $2.6m and spending of $1.6m, leaving 37% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.7m to $2.6m (+48%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 75%. 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, Columbia Urban League Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within SC. Charities of a similar size with the same main cause include Ace Foundation ($2.6m), Food for Life Network Inc ($2.6m) and Fathers Uplift Inc ($2.6m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 77% of the total. Compensation of current officers, directors and key employees was $179k (11% of expenses). Other salaries and wages came to $524k. At year end it held assets of $3.0m against liabilities of $21k, net assets of $3.0m. It reported 34 employees.

Income and spending

$0$641k$1.3m$1.9m$2.6m2019 Income: $1,732,3962019 Spending: $1,782,09120192020 Income: $2,089,6882020 Spending: $1,315,72720202021 Income: $1,467,0982021 Spending: $1,428,79920212022 Income: $2,565,3742022 Spending: $1,615,1572022
IncomeSpending

Where the income comes from

  • Contributions & grants 77%
  • Other 23%

Similar-sized charities, same cause

CharityLocationIncome
Ace FoundationWashington$2.6m
Food for Life Network IncMiami$2.6m
Fathers Uplift IncDorchester$2.6m
Carolina Refugee Resettlement Agency IncCharlotte$2.6m