Columbia College

Analysis

Columbia College is a registered charity in United States, based in Columbia, MO. It received its IRS tax-exemption ruling in December 1943, 83 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Columbia College reported income of $72.0m and spending of $91.3m, spending 127% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $102.0m to $72.0m (-29%), an average of -8.3% a year. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Columbia College sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within MO. Charities of a similar size with the same main cause include Gwynedd Mercy University ($72.0m), Touro University Nevada ($72.1m) and Imagine Schools Non-Profit Inc ($71.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $2.4m (2.6% of expenses). Other salaries and wages came to $38.4m. At year end it held assets of $256.1m against liabilities of $14.5m, net assets of $241.7m. It reported 1,796 employees.