Columbia Pike Partnership Inc

Analysis

Columbia Pike Partnership Inc is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in April 1987, 39 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 Pike Partnership Inc reported income of $670k and spending of $685k, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $555k to $670k (+21%), an average of +4.8% a year. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Columbia Pike Partnership Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within VA. Charities of a similar size with the same main cause include University District Organization Inc ($670k), Change Please USA Inc ($671k) and Scenic Rivers Sheltered Industries Inc ($670k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $108k (16% of expenses). Other salaries and wages came to $249k. At year end it held assets of $79k against liabilities of $51k, net assets of $28k. It reported 6 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.