Columbus Education Foundation Inc

Analysis

Columbus Education Foundation Inc is a registered charity in United States, based in Columbus, TX. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Columbus Education Foundation Inc reported income of $495k and spending of $28k, leaving 94% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $194k to $495k (+155%), an average of +155% a year. The sharpest change came in the year to December 2023, when income rose by 155%. Over the whole period it spent 4.6% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Columbus Education Foundation Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Muslimahs Against Abuse Center ($495k), Goodwill Industries of the Southern Piedmont FDN ($495k) and House of Neighborly Service - Monroe County Il ($495k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $657k against liabilities of $1, net assets of $657k.