Columbia Basin College Foundation

Analysis

Columbia Basin College Foundation is a registered charity in United States, based in Pasco, WA. It received its IRS tax-exemption ruling in December 1985, 41 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Basin College Foundation reported income of $519k and spending of $2.3m, spending 448% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.7m to $519k (-81%), an average of -34% a year. The sharpest change came in the year to June 2021, when income rose by 359%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Columbia Basin College Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within WA. Charities of a similar size with the same main cause include Gainesville Electrical Joint Apprenticeship & Trning Comm Inc ($519k), Charter Development Foundation Inc ($519k) and Bali Childrens Project ($519k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 447% of the total. Compensation of current officers, directors and key employees was $19k (0.8% of expenses). At year end it held assets of $23.3m against liabilities of $29k, net assets of $23.3m.