Firm Foundation Columbus Village

Analysis

Firm Foundation Columbus Village is a registered charity in United States, based in Laguna Niguel, CA. It received its IRS tax-exemption ruling in May 1989, 37 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, Firm Foundation Columbus Village reported income of $3.5m and spending of $2.3m, leaving 34% of income unspent that year. Across the 3 years on record, from September 2021 to September 2023, income grew from $2.6m to $3.5m (+34%), an average of +16% a year. The sharpest change came in the year to September 2022, when income rose by 19%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Firm Foundation Columbus Village sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Precious Blood Ministry of Reconciliation NFP ($3.5m), Pennfield School Inc ($3.5m) and Institute for Local Government ($3.5m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $14.3m against liabilities of $13.4m, net assets of $930k. It reported 8 employees.