Columbian Foundation

Analysis

Columbian Foundation is a registered charity in United States, based in Pompton PLNS, NJ. It received its IRS tax-exemption ruling in February 1951, 75 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a suspense under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Columbian Foundation reported income of $134k and spending of $77k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $99k to $134k (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2022, when income rose by 65%. Over the whole period it spent 112% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Columbian Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 52nd percentile within NJ. Charities of a similar size with the same main cause include The Restoration Act Inc ($134k), United Way of Bedford County ($134k) and Kaye Trust ($133k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m. It reported 1 employees.