Columbus State Community College Development Foundation Inc

Analysis

Columbus State Community College Development Foundation Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in June 1982, 44 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 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, Columbus State Community College Development Foundation Inc reported income of $32.6m and spending of $8.4m, leaving 74% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.9m to $32.6m (+369%), an average of +47% a year. The sharpest change came in the year to June 2023, when income rose by 310%. Over the whole period it spent 43% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Columbus State Community College Development Foundation Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within OH. Charities of a similar size with the same main cause include The Skoll Fund ($32.5m), Highland Dallas Foundation Inc ($32.8m) and Houston Jewish Community Foundation ($32.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $53.7m against liabilities of $2.0m, net assets of $51.7m.