Columbus Capital Foundation Inc

Analysis

Columbus Capital Foundation Inc is a registered charity in United States, based in Columbus, IN. It received its IRS tax-exemption ruling in April 1994, 32 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Columbus Capital Foundation Inc reported income of $1.2m and spending of $516k, leaving 56% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $251k to $1.2m (+367%), an average of +47% a year. The sharpest change came in the year to December 2021, when income rose by 737%. Over the whole period it spent 19% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Columbus Capital Foundation Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within IN. Charities of a similar size with the same main cause include Wings of Life Inc ($1.2m), Jamaica Plain Vamc Child Care Center Inc ($1.2m) and The Deep Run Valley Sports Association Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 0.2% of the total. At year end it held assets of $3.4m against liabilities of $0, net assets of $3.4m.