Columbus Blue Jackets Foundation

Analysis

Columbus Blue Jackets Foundation is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in February 2000, 26 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Columbus Blue Jackets Foundation reported income of $1.7m and spending of $2.0m, spending 122% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income fell from $2.1m to $1.7m (-19%), an average of -7.0% a year. The sharpest change came in the year to June 2022, when income rose by 75%. Over the whole period it spent 88% 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 Blue Jackets Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within OH. Charities of a similar size with the same main cause include Maui United Way Inc ($1.7m), Actblue Charities Inc ($1.7m) and Fort Recovery Ohio Community Foundation Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% of the total. At year end it held assets of $6.1m against liabilities of $1.6m, net assets of $4.5m.