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Teachers College Columbia University

RegisteredEIN 13-1624202New York, NYEducation and training
Income$290.3m2023-08
Spending$263.3msame year
Spent / received90%5-year average
Size in its cause100th pctEducation and training
Exempt since1935School
Employees2,973latest return

Analysis

Teachers College Columbia University is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 1935, 91 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Teachers College Columbia University reported income of $290.3m and spending of $263.3m, spending 91% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $299.8m to $290.3m (-3.2%), an average of -0.8% a year. The sharpest change came in the year to August 2022, when income rose by 18%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Teachers College Columbia University sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within NY. Charities of a similar size with the same main cause include Wesleyan University ($289.4m), Butler University ($290.6m) and President & Trustees of Colby College ($287.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 26% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $3.8m (1.5% of expenses). Other salaries and wages came to $113.9m. It paid $18k in professional fundraising fees. At year end it held assets of $725.5m against liabilities of $169.6m, net assets of $555.9m. It reported 2,973 employees.

Income and spending

$0$74.9m$149.9m$224.8m$299.8m2019 Income: $299,754,3732019 Spending: $247,697,95820192020 Income: $245,068,7632020 Spending: $240,070,53020202021 Income: $250,184,1932021 Spending: $239,384,62420212022 Income: $296,045,9562022 Spending: $253,450,56720222023 Income: $290,297,1852023 Spending: $263,318,5622023
IncomeSpending

Where the income comes from

  • Contributions & grants 26%
  • Program services 68%
  • Other 6.3%

Similar-sized charities, same cause

CharityLocationIncome
Wesleyan UniversityMiddletown$289.4m
Butler UniversityIndianapolis$290.6m
President & Trustees of Colby CollegeWaterville$287.5m
Merrimack CollegeNorth Andover$291.2m