Columbia Industries

Analysis

Columbia Industries is a registered charity in United States, based in Kennewick, WA. It received its IRS tax-exemption ruling in June 1965, 61 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 June 2023, Columbia Industries reported income of $2.0m and spending of $2.6m, spending 128% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.8m to $2.0m (+12%), an average of +2.9% a year. The sharpest change came in the year to June 2020, when income rose by 53%. Over the whole period it spent 85% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Columbia Industries 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 86th percentile within WA. Charities of a similar size with the same main cause include Personal Onsite Development ($2.0m), Training Grounds Inc ($2.0m) and Kinaole Foundation ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $534k (21% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $10.5m against liabilities of $364k, net assets of $10.2m. It reported 108 employees.