Columbia International University

Analysis

Columbia International University is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in November 1937, 89 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 International University reported income of $60.5m and spending of $66.9m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $41.6m to $60.5m (+45%), an average of +9.8% a year. The sharpest change came in the year to June 2022, when income rose by 46%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Columbia International University sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within SC. Charities of a similar size with the same main cause include Brooklyn Prospect Charter School ($60.5m), New England Law Boston ($60.5m) and Firstline Schools Inc ($60.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $922k (1.4% of expenses). Other salaries and wages came to $22.8m. It paid $78k in professional fundraising fees. At year end it held assets of $104.0m against liabilities of $32.4m, net assets of $71.6m. It reported 1,163 employees.