Columbus House
Columbus House: Stable Finances, Consistent Mission Focus
EIN: 222511873 · New Haven, CT · NTEE: L410 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $15.3M |
| Total Expenses | $15.6M |
| Program Spending | 85% |
| Net Assets | $9.6M |
| Transparency Score | 85/100 |
Is Columbus House Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Columbus House directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Columbus House
Columbus House (EIN: 222511873) is a nonprofit organization based in New Haven, CT, classified under NTEE code L410. The organization reported total revenue of $15.3M and total assets of $17.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Columbus House's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Columbus House is a large nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $15.8M |
| Total Expenses | $15.6M |
| Surplus / Deficit | +$243K |
| Total Assets | $16.1M |
| Total Liabilities | $6.5M |
| Net Assets | $9.6M |
| Operating Margin | 1.5% |
| Debt-to-Asset Ratio | 40.3% |
| Months of Reserves | 12.4 months |
Financial Health Grade: A
In 2023, Columbus House reported a surplus of $243K with revenue exceeding expenses, holds 12.4 months of operating reserves (strong position), has a debt-to-asset ratio of 40.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Columbus House's revenue has grown at a compound annual growth rate (CAGR) of 7.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.2% | -0.6% | +1.9% |
| 2022 | -3.7% | -2.7% | +1.0% |
| 2021 | +14.1% | +16.8% | -2.2% |
| 2020 | +17.9% | +13.1% | +15.4% |
| 2019 | +2.7% | +3.5% | +10.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Columbus House with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Columbus House allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $243K, with revenue exceeding expenses.
- Debt-to-asset ratio: 40.3%.
Executive Compensation Analysis
Executive compensation appears reasonable given the organization's size and revenue, with no red flags identified in the available filings.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Columbus House:
- Consistent revenue generation, averaging over $12 million annually for the past 7 years.
- Strong asset base, consistently exceeding $12 million, providing financial stability.
- Low liability-to-asset ratio, indicating good financial health and minimal debt burden.
- Stable and predictable financial performance over the past several years.
- Clear mission focus on programs, as evidenced by high program spending percentages.
Frequently Asked Questions about Columbus House
Is Columbus House a legitimate charity?
Columbus House (EIN: 222511873) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $15.3M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Columbus House spend its money?
Columbus House directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Columbus House tax-deductible?
Columbus House is registered as a tax-exempt nonprofit (EIN: 222511873). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Columbus House's spending goes to programs?
Columbus House directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Columbus House compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Columbus House is above average for NTEE category L410 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Columbus House located?
Columbus House is headquartered in New Haven, Connecticut and files with the IRS under EIN 222511873. It is classified under NTEE code L410.
How many years of IRS 990 filings does Columbus House have?
Columbus House has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $15.3M in total revenue.
What does Columbus House do?
Columbus House is a nonprofit organization in the Housing & Shelter sector, located in New Haven, Connecticut. It is classified under NTEE code L410.
How much revenue does Columbus House have?
Columbus House reported total revenue of $15,347,508. Based on 13 IRS 990 filings on record.
What are Columbus House's total assets?
Columbus House holds total assets of $17,410,827 as reported in IRS 990 filings.
Where is Columbus House located?
Columbus House is based in New Haven, Connecticut.
What is Columbus House's EIN?
Columbus House's Employer Identification Number (EIN) is 222511873. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Columbus House?
Columbus House is classified under NTEE code L410 (Housing & Shelter).
Is Columbus House a registered 501(c)(3)?
Yes, Columbus House is recognized as a tax-exempt organization by the IRS. EIN: 222511873.
Does Columbus House file IRS Form 990?
Yes, Columbus House has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Columbus House's revenue in 2023?
In the 202306 filing period, Columbus House reported total revenue of $15,830,197, total expenses of $15,587,589, and net assets of $16,143,220.
Is Columbus House's revenue growing or declining?
Columbus House's revenue is relatively stable. Revenue went from $15,861,800 (202206) to $15,830,197 (202306), a -0.2% change. Based on 13 filings on record.
What is Columbus House's most recent 990 filing?
The most recent IRS Form 990 filing for Columbus House covers tax period 202306. It shows revenue of $15,830,197, expenses of $15,587,589, total assets of $16,143,220, and liabilities of $6,504,190.
How much does Columbus House spend on programs vs administration?
Based on IRS 990 analysis, Columbus House allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Columbus House a trustworthy charity?
Based on AI analysis of IRS 990 data, Columbus House appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 5 strengths noted.
What are Columbus House's strengths?
Positive indicators for Columbus House include: Consistent revenue generation, averaging over $12 million annually for the past 7 years.. Strong asset base, consistently exceeding $12 million, providing financial stability.. Low liability-to-asset ratio, indicating good financial health and minimal debt burden.. Stable and predictable financial performance over the past several years.. Clear mission focus on programs, as evidenced by high program spending percentages.. These findings are derived from AI analysis of the organization's financial filings.
How does Columbus House compensate executives?
Executive compensation appears reasonable given the organization's size and revenue, with no red flags identified in the available filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has Columbus House maintained such consistent revenue and asset levels over nearly a decade, despite economic fluctuations?
Columbus House has demonstrated remarkable financial stability, with revenues consistently above $11 million and assets above $12 million since 2016. This suggests a robust funding model, potentially a mix of reliable grants, government contracts, and consistent donor support, allowing them to weather economic changes effectively.
What specific strategies does Columbus House employ to keep its administrative and fundraising costs relatively low?
While specific strategies aren't detailed in the provided data, the consistently low administrative and fundraising percentages (estimated at 10% and 5% respectively) suggest efficient operational management. This could involve leveraging volunteers, streamlined internal processes, or a highly effective, low-cost fundraising approach.
Filing History
IRS 990 filing history for Columbus House showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Columbus House's revenue has grown by 146.6%, moving from $6.4M to $15.8M. Total assets increased by 108.6% over the same period, from $7.7M to $16.1M. Total functional expenses rose by 138.6%, from $6.5M to $15.6M. In its most recent filing year (2023), Columbus House reported a surplus of $243K, with revenue exceeding expenses. The organization holds $6.5M in liabilities against $16.1M in assets (debt-to-asset ratio: 40.3%), resulting in net assets of $9.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $15.8M | $15.6M | $16.1M | $6.5M | — | View 990 |
| 2022 | $15.9M | $15.7M | $15.8M | $6.4M | — | View 990 |
| 2021 | $16.5M | $16.1M | $15.7M | $6.5M | — | View 990 |
| 2020 | $14.4M | $13.8M | $16.0M | $7.2M | — | View 990 |
| 2019 | $12.3M | $12.2M | $13.9M | $5.9M | — | View 990 |
| 2018 | $11.9M | $11.8M | $12.6M | $5.1M | — | View 990 |
| 2017 | $11.7M | $12.2M | $12.6M | $5.5M | — | View 990 |
| 2016 | $12.1M | $12.1M | $11.7M | $4.7M | — | View 990 |
| 2015 | $11.4M | $10.9M | $11.6M | $4.5M | — | View 990 |
| 2014 | $9.3M | $9.2M | $8.8M | $2.2M | — | View 990 |
| 2013 | $7.6M | $7.7M | $8.1M | $1.6M | — | View 990 |
| 2012 | $8.3M | $7.6M | $8.1M | $1.5M | — | View 990 |
| 2011 | $6.4M | $6.5M | $7.7M | $1.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $15.8M, expenses of $15.6M, and assets of $16.1M (revenue -0.2% year-over-year).
- 2022: Revenue of $15.9M, expenses of $15.7M, and assets of $15.8M (revenue -3.7% year-over-year).
- 2021: Revenue of $16.5M, expenses of $16.1M, and assets of $15.7M (revenue +14.1% year-over-year).
- 2020: Revenue of $14.4M, expenses of $13.8M, and assets of $16.0M (revenue +17.9% year-over-year).
- 2019: Revenue of $12.3M, expenses of $12.2M, and assets of $13.9M (revenue +2.7% year-over-year).
- 2018: Revenue of $11.9M, expenses of $11.8M, and assets of $12.6M (revenue +2.3% year-over-year).
- 2017: Revenue of $11.7M, expenses of $12.2M, and assets of $12.6M (revenue -4.0% year-over-year).
- 2016: Revenue of $12.1M, expenses of $12.1M, and assets of $11.7M (revenue +6.7% year-over-year).
- 2015: Revenue of $11.4M, expenses of $10.9M, and assets of $11.6M (revenue +22.9% year-over-year).
- 2014: Revenue of $9.3M, expenses of $9.2M, and assets of $8.8M (revenue +21.3% year-over-year).
- 2013: Revenue of $7.6M, expenses of $7.7M, and assets of $8.1M (revenue -8.2% year-over-year).
- 2012: Revenue of $8.3M, expenses of $7.6M, and assets of $8.1M (revenue +29.7% year-over-year).
- 2011: Revenue of $6.4M, expenses of $6.5M, and assets of $7.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Columbus House:
Data Sources and Methodology
This transparency report for Columbus House is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.