Owens Community College Foundation

Analysis

Owens Community College Foundation is a registered charity in United States, based in Perrysburg, OH. It received its IRS tax-exemption ruling in September 2004, 22 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, Owens Community College Foundation reported income of $568k and spending of $767k, spending 135% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.1m to $568k (-46%), an average of -14% a year. The sharpest change came in the year to June 2020, when income rose by 67%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Owens Community College Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within OH. Charities of a similar size with the same main cause include Atlanta Thrive Parent Institute ($568k), Charlotte Mason Educational Center of Pennsylvania ($569k) and Ecole 42 USA ($568k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% of the total. At year end it held assets of $7.1m against liabilities of $22k, net assets of $7.1m.