Columbus 2020 Foundation

Analysis

Columbus 2020 Foundation is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in April 2012, 14 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Columbus 2020 Foundation reported income of $1.2m and spending of $370k, leaving 69% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income fell from $1.8m to $1.2m (-34%), an average of -13% a year. The sharpest change came in the year to December 2022, when income dropped by 18%. Over the whole period it spent 19% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Columbus 2020 Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within OH. Charities of a similar size with the same main cause include KC Air Show Charities Inc ($1.2m), Operator Foundation ($1.2m) and Main Street York Inc ($1.2m).

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 $4.1m against liabilities of $0, net assets of $4.1m.