Colliers Engineering Foundation

Analysis

Colliers Engineering Foundation is a registered charity in United States, based in Holmdel, NJ. It received its IRS tax-exemption ruling in October 2016, 10 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Colliers Engineering Foundation reported income of $117k and spending of $71k, leaving 39% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $60k to $117k (+95%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 356%. Over the whole period it spent 72% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Colliers Engineering Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 49th percentile within NJ. Charities of a similar size with the same main cause include Rotary Club of Temecula Foundation ($117k), Morgan Hill Community Foundation ($117k) and Chicagoland Toys for Tots Motorcycle Parade ($117k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 125% of the total. At year end it held assets of $166k against liabilities of $0, net assets of $166k.