Columbia Club Foundation Inc

Analysis

Columbia Club Foundation Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in October 1983, 43 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Columbia Club Foundation Inc reported income of $89k and spending of $56k, leaving 37% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $608k to $89k (-85%), an average of -38% a year. The sharpest change came in the year to June 2022, when income dropped by 66%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Columbia Club Foundation Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 31st percentile within IN. Charities of a similar size with the same main cause include Macon Film Festival Inc ($89k), Concert Singers of Cary ($89k) and Photo Alliance ($89k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% of the total. At year end it held assets of $2.4m against liabilities of $64k, net assets of $2.4m.