Washington State College of Ohio Foundation

Analysis

Washington State College of Ohio Foundation is a registered charity in United States, based in Marietta, OH. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Washington State College of Ohio Foundation reported income of $363k and spending of $267k, leaving 26% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $228k to $363k (+59%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 153%. Over the whole period it spent 59% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Washington State College of Ohio Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within OH. Charities of a similar size with the same main cause include Lead Education Group Inc ($363k), Take Note Studio Inc ($363k) and Wordplay Cincy ($363k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $2.1m against liabilities of $11k, net assets of $2.1m.