Oea Educational Foundation

Analysis

Oea Educational Foundation is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in June 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Oea Educational Foundation reported income of $709k and spending of $92k, leaving 87% of income unspent that year. Across the 2 years on record, from August 2022 to August 2023, income grew from $160k to $709k (+343%), an average of +343% a year. The sharpest change came in the year to August 2023, when income rose by 343%. Over the whole period it spent 21% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oea Educational Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within OH. Charities of a similar size with the same main cause include Good Samaritan Foundation of Texas Inc ($709k), Montessori Island School ($709k) and Gratitude Initiative ($709k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $723k against liabilities of $0, net assets of $723k.