The Columbia Foundation

Analysis

The Columbia Foundation is a registered charity in United States, based in Chevy Chase, MD. It received its IRS tax-exemption ruling in December 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2023, The Columbia Foundation reported income of $91k and spending of $134k, spending 147% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $75k to $91k (+22%), an average of +5.0% a year. The sharpest change came in the year to September 2020, when income rose by 275%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Columbia Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 36th percentile within MD. Charities of a similar size with the same main cause include PTA New York Congress ($91k), Lake Norman Lacrosse Boosters Club ($91k) and Arkansas Institute for Performance Excellence Inc ($91k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $791k against liabilities of $3,102, net assets of $788k.