Columbia County Senior Services Inc

Analysis

Columbia County Senior Services Inc is a registered charity in United States, based in Lake City, FL. It received its IRS tax-exemption ruling in June 1975, 51 years ago. 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 County Senior Services Inc reported income of $1.5m and spending of $1.7m, spending 113% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.3m to $1.5m (+15%), an average of +4.8% a year. The sharpest change came in the year to December 2020, when income rose by 33%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Columbia County Senior Services 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 84th percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include Philadelphia AIDS Consortium ($1.5m), Habitat for Humanity International Inc ($1.5m) and Uco Student Housing Foundation ($1.5m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 96% and program service revenue 4.0% of the total. Compensation of current officers, directors and key employees was $60k (3.5% of expenses). At year end it held assets of $2.7m against liabilities of $157k, net assets of $2.6m. It reported 53 employees.