Foundation of the Catholic Diocese of Columbus

Analysis

Foundation of the Catholic Diocese of Columbus is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in December 1984, 42 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Foundation of the Catholic Diocese of Columbus reported income of $28.2m and spending of $22.6m, spending 80% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.7m to $28.2m (+191%), an average of +31% a year. The sharpest change came in the year to June 2021, when income rose by 178%. Over the whole period it spent 72% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Foundation of the Catholic Diocese of Columbus sits at the 100th percentile: it is one of the largest 1% in its cause. 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 Cabin Creek Health Center Inc ($28.2m), Revival Today Inc ($28.4m) and Awana Clubs International ($28.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 5.6% of the total. Compensation of current officers, directors and key employees was $488k (2.2% of expenses). Other salaries and wages came to $889k. At year end it held assets of $226.3m against liabilities of $144.4m, net assets of $82.0m. It reported 14 employees.