St Marys Woods of Columbus Inc

Analysis

St Marys Woods of Columbus Inc is a registered charity in United States, based in Columbus, GA. It received its IRS tax-exemption ruling in July 1998, 28 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 March 2024, St Marys Woods of Columbus Inc reported income of $406k and spending of $442k, spending 109% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income grew from $281k to $406k (+44%), an average of +9.6% a year. The sharpest change came in the year to March 2024, when income rose by 15%. Over the whole period it spent 120% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, St Marys Woods of Columbus Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within GA. Charities of a similar size with the same main cause include Parkview Villa Inc ($406k), Pennley Supportive Housing for the Elderly Inc ($406k) and Family Promise of Greene County Oh ($406k).

On its Form 990 for the period ending March 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $1.5m against liabilities of $2.8m, net assets of -$1.2m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.