Colombianitos Inc

Analysis

Colombianitos Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Colombianitos Inc reported income of $589k and spending of $810k, spending 137% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $1.4m to $589k (-59%), an average of -26% a year. The sharpest change came in the year to December 2020, when income dropped by 54%. Over the whole period it spent 112% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Colombianitos Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 76th percentile within GA. Charities of a similar size with the same main cause include Mexico Red ($588k), International Organic Inspectors Association ($589k) and Elevate Global ($588k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 3.0% and program service revenue 97% of the total. Other salaries and wages came to $333k. At year end it held assets of $291k against liabilities of $43k, net assets of $248k.

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.