Columbia College Foundation

Analysis

Columbia College Foundation is a registered charity in United States, based in Sonora, CA. It received its IRS tax-exemption ruling in June 1973, 53 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 College Foundation reported income of $1.1m and spending of $413k, leaving 63% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $585k to $1.1m (+91%), an average of +18% a year. The sharpest change came in the year to June 2021, when income rose by 278%. Over the whole period it spent 53% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Columbia College Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Pittsburg Public Library Board ($1.1m), Dancing Spirit Inc ($1.1m) and Americana Community Center Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% of the total. At year end it held assets of $5.7m against liabilities of $18k, net assets of $5.7m.