Teachers College Columbia University
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
Where the income comes from
- Contributions & grants 26%
- Program services 68%
- Other 6.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Wesleyan University | Middletown | $289.4m |
| Butler University | Indianapolis | $290.6m |
| President & Trustees of Colby College | Waterville | $287.5m |
| Merrimack College | North Andover | $291.2m |