Columbus Area Chamber Foundation Inc

Analysis

Columbus Area Chamber Foundation Inc is a registered charity in United States, based in Columbus, IN. It received its IRS tax-exemption ruling in September 1973, 53 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Columbus Area Chamber Foundation Inc reported income of $971k and spending of $828k, spending 85% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $613k to $971k (+58%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 311%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Columbus Area Chamber Foundation Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within IN. Charities of a similar size with the same main cause include Sprout Family Services ($971k), Kasson-Mantorville Nursery Group Inc ($972k) and Roswell Dance Theatre Inc ($971k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $506k against liabilities of $26k, net assets of $480k.