Columbia State Community College Foundation

Analysis

Columbia State Community College Foundation is a registered charity in United States, based in Columbia, TN. It received its IRS tax-exemption ruling in October 1971, 55 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Columbia State Community College Foundation reported income of $1.4m and spending of $721k, leaving 50% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.8m to $1.4m (-19%), an average of -5.0% a year. The sharpest change came in the year to June 2022, when income rose by 292%. Over the whole period it spent 26% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Columbia State Community College Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within TN. Charities of a similar size with the same main cause include Hospice Satilla ($1.4m), Northampton County Workers Compensation Trust ($1.4m) and Coordinating Committee for Automotive Repair ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% of the total. At year end it held assets of $20.7m against liabilities of $124k, net assets of $20.6m.