St Columba Development Corp Inc

Analysis

St Columba Development Corp Inc is a registered charity in United States, based in Emeryville, CA. It received its IRS tax-exemption ruling in March 1992, 34 years ago. 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 September 2023, St Columba Development Corp Inc reported income of $1.1m and spending of $1.1m, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $985k to $1.1m (+7.8%), an average of +1.9% a year. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Columba Development Corp Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Eastern Star Charity Foundation of Conn Inc ($1.1m), Legendary Legacies Inc ($1.1m) and National Safe Boating Council Inc ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 77% and program service revenue 22% of the total. Other salaries and wages came to $147k. At year end it held assets of $2.5m against liabilities of $3.8m, net assets of -$1.4m. It reported 3 employees.