Columbia College

Organization Overview

Columbia College is located in Columbia, SC. The organization was established in 1950. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2021, Columbia College employed 572 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Columbia College is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Columbia College generated $26.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $26.5m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (5.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

COLUMBIA COLLEGE PROVIDES EDUCATIONAL OPPORTUNITIES THAT DEVELOP STUDENTS' CAPACITY FOR CRITICAL THOUGHT AND EXPRESSION, LIFE-LONG LEARNING, ACCEPTANCE OF PERSONAL RESPONSIBILITY, AND COMMITMENT TO SERVICE AND SOCIAL JUSTICE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

STUDENT AID - INCLUDES EXPENDITURES FOR ALL FORMS OF FINANCIAL AID TO STUDENTS


INSTRUCTION - EXPENDITURES FOR ACADEMIC INSTRUCTIONAL DEPARTMENTS WITHIN THE COLLEGE


STUDENT SERVICES - MAJOR EXPENDITURES IN THIS OFFICE ARE FOR THE ADMISSIONS OFFICE, FINANCIAL AID OFFICE, AND REGISTRAR'S OFFICE


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Board, Officers & Key Employees

Name (title)Compensation
Carol A Moore
Former President
$169,846
Francis Schodowski
VP - Advancement
$129,475
Madeleine Schep
Provost
$117,056
Wilma Allen
VP - Finance & Admin
$108,037
Peter Mitchell
Former Interim President
$95,801
Lanae Budden
VP - Student Affairs
$94,015

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Sodexo
Food Service
$2,509,819
Follett Higher Education Group
Educational Products And Services
$691,344
Vc3 Inc
It Support
$397,411
Prokarma Inc
Utility Invoice Management
$810,227
Total Comfort Service Solutions
Hvac Services
$374,264
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$13,177
Related organizations$371,612
Government grants $4,042,184
All other contributions, gifts, grants, and similar amounts not included above$1,215,871
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$5,642,844
Total Program Service Revenue$19,477,130
Investment income $602,278
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $140,126
Net Gain/Loss on Asset Sales $362,709
Net Income from Fundraising Events -$2,185
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $26,538,835

Grants Recieved

Over the last fiscal year, we have identified 8 grants that Columbia College has recieved totaling $335,045.

Awarding OrganizationAmount
Lettie Pate Whitehead Foundation Inc

Atlanta, GA

PURPOSE: For general scholarship support.

$170,000
$55,500
Robert & Janice Mcnair Foundation

Houston, TX

PURPOSE: MCNAIR SCHOLARSHIP FUNDS FOR DESERVING STUDENTS - 2021 SPRING SEMESTER.

$52,206
$36,238
Watson-Brown Foundation Inc

Thomson, GA

PURPOSE: AWARDED SCHOLARSHIP GRANTS

$10,000
Spartanburg County Foundation

Spartanburg, SC

PURPOSE: GENERAL SUPPORT

$5,750
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$20,556,952
Earnings$6,413,103
Net Contributions$268,934
Grants$1,261,540
Ending Balance$25,999,635

Peer Organizations

Organization NameAssets
Anderson University
Anderson, SC
$130,183,026
Wofford College
Spartanburg, SC
$116,076,279
Spelman College
Atlanta, GA
$182,970,731
Morehouse College
Atlanta, GA
$206,029,432
Lenoir-Rhyne University
Hickory, NC
$101,403,823
Oglethorpe University Inc
Atlanta, GA
$78,800,641
Claflin University
Orangeburg, SC
$90,488,927
Catawba College
Salisbury, NC
$275,797,439
Benedict College
Columbia, SC
$61,010,211
Piedmont University Inc
Demorest, GA
$56,789,955
North Carolina Wesleyan University
Rocky Mount, NC
$57,107,518
Mars Hill University
Mars Hill, NC
$54,418,250

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