Techgrowth Ohio Fund

Analysis

Techgrowth Ohio Fund is a registered charity in United States, based in Athens, OH. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Techgrowth Ohio Fund reported income of $194k and spending of $2,519, leaving 99% of income unspent that year. The sharpest change came in the year to June 2022, when income rose by 543%. Over the whole period it spent 18% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Techgrowth Ohio Fund sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within OH. Charities of a similar size with the same main cause include Junior League of St Louis Inc ($194k), Southeast Economic Development Fund Inc ($194k) and Hands on Employment Services Inc ($193k).

At year end it held assets of $7.9m against liabilities of $280k, net assets of $7.6m.