Ohio Operating Engineers Education & Safety Fund

Analysis

Ohio Operating Engineers Education & Safety Fund is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in January 1973, 53 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Ohio Operating Engineers Education & Safety Fund reported income of $1.4m and spending of $1.3m, spending 99% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $1.4m to $1.4m (+0.6%), an average of +0.2% a year. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Ohio Operating Engineers Education & Safety Fund sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within OH. Charities of a similar size with the same main cause include GPRMC Holdings Inc ($1.4m), Anacostia Economic Development Corporation ($1.4m) and St Pauls Community Development Corporation ($1.4m).

On its Form 990 for the period ending July 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $79k. At year end it held assets of $2.5m against liabilities of $93k, net assets of $2.4m.