Columbia International University

Summary

Columbia International University is a Christian university in Columbia, South Carolina offering undergraduate, graduate and seminary degrees. Undergraduate students complete two degrees- one in Bible and a second of their choice. Graduates prepare to join the other 17,000 alumni working in 150 countries to make an impact for Christ.


Contact information

Mailing address:
Columbia International University
7435 Monticello Road
Columbia, SC 29203

Website: ciu.edu

Phone: 800-777-2227

Email: yesciu@ciu.edu


Organization details

EIN: 570352247

CEO/President: Mark Smith

Chairman:

Board size: 26

Founder: Emily Dick

Year founded: 1937

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 1979


Purpose

CIU focuses on developing leaders while affirming the Bible as the foundation for all learning. We live by our motto "To Know Him and to Make Him Known."


Mission statement

Columbia International University educates people from a Biblical worldview to impact the nations with the message of Christ.


Statement of faith

Teaching at Columbia International University is based on the great fundamentals of the Christian faith, all of which center in the person of Jesus Christ, our crucified, risen, and glorified Savior and Lord. The following, together with other Christian principles of doctrine and practice, including the affirmation of the full trustworthiness of Scripture, which in its original writing was verbally inspired and without error, shall be the basis of the faith and doctrine of the Columbia International University: The Bible is the inspired Word of God, the written record of His supernatural revelation of Himself to man, absolute in its authority, complete in its revelation, final in its content, and without any errors in its teachings. All men in their natural state are lost, alienated from God, spiritually dead: "All have sinned, and fall short of the glory of God" (Rom. 3:23). Salvation is only by grace, a free gift of God, through faith in the Lord Jesus, who died for our sins according to the Scriptures (1 Cor. 15:3). Those who thus receive Christ by faith have their sins forgiven (Eph. 1:7), their hearts cleansed (Acts 15:9), are born of the Spirit, become children of God (Jn. 1:12, 13), and are made new creatures in Christ (II Cor. 5:17). God is One God, Who reveals Himself in three Persons, Father, Son, and Holy Spirit. Jesus Christ, as the Scriptures affirm, is the Son of God and Son of man. He was born of a virgin and is Himself very God. The Scriptures also declare the deity and personality of the Holy Spirit. Our Lord Jesus rose from the dead in the same body that was laid to rest in the tomb (Jn. 20:25-27). The bodies of all believers who die will be raised from the dead, and they will receive an incorruptible body like unto His glorious body (I Cor. 15:53; Phil. 3:21). All other men shall be raised unto "the resurrection of judgment" (Jn. 5:28, 29). Christians, born of the Spirit, are to live the new life in the present power of the Spirit. "If we live by the Spirit, by the Spirit let us also walk" (Gal. 5:16-25; Col. 2:6). The Christian's responsibility and his normal attitude of life is to yield himself to God (Rom. 6:13), trusting God to keep him. Christian "living" includes Christian service, the winning of souls around us, and the preaching of the Gospel in the uttermost parts of the earth. In carrying on this work there is needed the supernatural power of the Holy Spirit which is granted to every believer as he yields and trusts (Acts 1:8; I Cor. 12:7; Eph. 3:20; Acts 5:32). And in all of this service, prayer is to have the central place (Jn. 14:12-14; Eph. 6:18, 19). Jesus Christ will come again to earth the second time (Heb. 9:28), personally (Acts 1:11; I Thess. 4:16), bodily (Acts 1:11; Col. 2:9), and visibly (Matt. 26:64; Rev. 1:7). His coming will precede the age of universal peace and righteousness foretold in the Scriptures (Matt. 24:29, 30, 42; II Thess. 2:7, 8; Rev. 20:1-6). (Candidates for graduation need not affirm the premillennial position.)

Transparency grade

This ministry has not been assigned a transparency grade.

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Colleges/Universities

CategoryRatingOverall rankSector rank
Overall efficiency rating353 of 59337 of 60
Fund acquisition rating225 of 5938 of 60
Resource allocation rating354 of 59345 of 60
Asset utilization rating418 of 59310 of 60

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20182017201620152014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%7%9%13%10%31%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%2%2%2%2%4%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
93%37%26%17%19%13%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%3%2%2%2%4%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
7%63%74%83%81%87%
 
Operating ratiosMedian % for
all ministries in
MW database
20182017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%80%77%78%75%74%
Spending ratio Spending ratio =
Total expenses /
Total revenue
98%86%90%100%80%102%
Program output ratio Program output ratio =
Program services /
Total revenue
80%69%70%78%60%75%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
2%14%10%0%20%-2%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%8%5%0%13%-1%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%17%20%20%22%23%
 
Investing ratiosMedian measure
for all ministries
in MW database
20182017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.040.350.380.410.410.49
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.731.631.852.172.182.58
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.180.570.700.900.891.25
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20182017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.8425.3926.7018.3519.3214.36
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.110.040.040.050.050.07
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.7220.1016.5212.6512.728.91
 
Solvency ratiosMedian % for
all ministries in
MW database
20182017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
11%27%20%22%22%24%
Debt ratio Debt ratio =
Debt /
Total assets
0%21%14%15%15%18%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
77%209%211%189%189%156%

Financials

Balance sheet
 
Assets20182017201620152014
Cash$11,215,896$2,018,911$6,351,054$2,021,919$2,328,423
Receivables, inventories, prepaids$17,202,294$5,547,529$413,587$6,650,017$9,711,107
Short-term investments$39,182,601$41,388,332$32,254,580$30,958,434$17,713,413
Other current assets$0$0$0$0$0
Total current assets$67,600,791$48,954,772$39,019,221$39,630,370$29,752,943
Long-term investments$3,274,239$2,982,564$6,270,006$5,224,193$3,591,816
Fixed assets$35,643,487$35,088,241$35,778,175$36,534,420$40,107,765
Other long-term assets$3,712,689$3,749,633$3,663,531$4,866,746$3,333,667
Total long-term assets$42,630,415$41,820,438$45,711,712$46,625,359$47,033,248
Total assets$110,231,206$90,775,210$84,730,933$86,255,729$76,786,191
 
Liabilities20182017201620152014
Payables and accrued expenses$2,096,111$1,499,606$675,889$717,588$806,167
Other current liabilities$566,560$333,769$1,450,982$1,333,269$1,265,411
Total current liabilities$2,662,671$1,833,375$2,126,871$2,050,857$2,071,578
Debt$22,852,823$12,312,520$12,748,129$13,166,382$13,530,446
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$3,742,353$4,315,511$3,761,944$3,907,166$3,160,076
Total long-term liabilities$26,595,176$16,628,031$16,510,073$17,073,548$16,690,522
Total liabilities$29,257,847$18,461,406$18,636,944$19,124,405$18,762,100
 
Net assets20182017201620152014
Unrestricted$36,494,428$37,837,911$35,228,740$34,923,699$27,415,588
Temporarily restricted$39,833,397$29,846,737$26,259,748$27,616,645$26,099,786
Permanently restricted$4,645,534$4,629,156$4,605,501$4,590,980$4,508,717
Net assets$80,973,359$72,313,804$66,093,989$67,131,324$58,024,091
 
Revenues and expenses
 
Revenue20182017201620152014
Total contributions$16,891,917$9,755,385$5,792,266$8,403,880$4,686,563
Program service revenue$27,591,518$26,916,809$28,152,810$27,396,903$31,049,795
Membership dues$0$0$0$0$0
Investment income$607,542$1,041,440$832,796$8,339,833$774,145
Other revenue$151,833$121,236$248,204$192,112$42,250
Total other revenue$28,350,893$28,079,485$29,233,810$35,928,848$31,866,190
Total revenue$45,242,810$37,834,870$35,026,076$44,332,728$36,552,753
 
Expenses20182017201620152014
Program services$30,995,810$26,469,399$27,169,259$26,747,900$27,434,335
Management and general$6,654,582$6,915,066$7,081,304$7,859,877$8,391,044
Fundraising$1,113,615$835,321$735,781$858,448$1,467,533
Total expenses$38,764,007$34,219,786$34,986,344$35,466,225$37,292,912
 
Change in net assets20182017201620152014
Surplus (deficit)$6,478,803$3,615,084$39,732$8,866,503($740,159)
Other changes in net assets$0$0$0$0$0
Total change in net assets$6,478,803$3,615,084$39,732$8,866,503($740,159)

Response from ministry

No response has been provided by this ministry.


History

What is now Columbia International University exists because of the power of prayer. Thanks to the prayers of a Sunday school teacher and her friends, CIU has been a catalyst for preparing students for ministry and missions. Emily Dick - concerned for the spiritual needs of Columbia's mill workers and their families - attended Moody Bible Institute in 1913 to better learn Scripture. Five years later and now back home; she and her circle of six other "praying women" saw their dream of a local Bible school come true. The man of God who would lead the new work was Robert C. McQuilkin, CIU's first president. The school began classes in the fall of 1922 in rented rooms at the former Colonia Hotel in downtown Columbia and at the YMCA, and officially became Columbia Bible School in 1923. Two hotel rooms served as the classroom and the office, and the hotel's sunroom was used for popular Friday evening classes open to the public. In 1929, the school's name changed to Columbia Bible College and six years later, the school began offering graduate courses. The college moved to its current location on Monticello Road in 1960 and the name was changed again in 1994 to Columbia International University.


Program accomplishments


Needs