Columbia City Connect Inc

Analysis

Columbia City Connect Inc is a registered charity in United States, based in Columbia City, IN. It received its IRS tax-exemption ruling in August 2022, 4 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Columbia City Connect Inc reported income of $69k and spending of $54k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $69k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Columbia City Connect Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 24th percentile within IN. Charities of a similar size with the same main cause include Lake County Community Radio ($69k), Cca Foundation ($69k) and Roberts Community Foundation Inc ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. At year end it held assets of $48k against liabilities of $0, net assets of $48k.