Columbus Technical Institute Foundation Inc

Analysis

Columbus Technical Institute Foundation Inc is a registered charity in United States, based in Columbus, GA. It received its IRS tax-exemption ruling in March 1990, 36 years ago. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Columbus Technical Institute Foundation Inc reported income of $2.0m and spending of $688k, leaving 65% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $236k to $2.0m (+740%), an average of +70% a year. The sharpest change came in the year to June 2023, when income rose by 180%. Over the whole period it spent 60% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Columbus Technical Institute Foundation Inc sits at the 85th percentile: it is larger than about 85% 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 Shiawassee Council on Aging ($2.0m), Chicago West Side Christian School Association ($2.0m) and National Association of Counsel for Children ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $5.4m against liabilities of $982k, net assets of $4.5m.