Historic Columbus Foundation Inc

Analysis

Historic Columbus Foundation Inc is a registered charity in United States, based in Columbus, GA. It received its IRS tax-exemption ruling in July 1966, 60 years ago. 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 September 2023, Historic Columbus Foundation Inc reported income of $1.9m and spending of $896k, leaving 53% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $956k to $1.9m (+101%), an average of +19% a year. The sharpest change came in the year to September 2021, when income rose by 191%. Over the whole period it spent 50% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Historic Columbus Foundation Inc sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within GA. Charities of a similar size with the same main cause include New York Statewide Senior Action Council Inc ($1.9m), St Paul Luhrn Child Devpt Ctr Inc ($1.9m) and Alaska E-Health Network Inc ($1.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 77% of the total. Compensation of current officers, directors and key employees was $116k (13% of expenses). Other salaries and wages came to $241k. At year end it held assets of $13.0m against liabilities of $842k, net assets of $12.1m. It reported 5 employees.