The Ohio State University

Analysis

The Ohio State University is a registered charity in United States, based in Jackson, OH. It received its IRS tax-exemption ruling in September 1972, 54 years ago. 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 September 2023, The Ohio State University reported income of $464k and spending of $501k, spending 108% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $585k to $464k (-21%), an average of -5.6% a year. The sharpest change came in the year to September 2023, when income rose by 36%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Ohio State University sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within OH. Charities of a similar size with the same main cause include Options on Main a Pregnancy Resource Center Inc ($464k), Tuscaloosa County Park and Recreation Foundation ($464k) and New Bremen Emergency Squad ($464k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 2.6% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $24k (4.8% of expenses). Other salaries and wages came to $73k. At year end it held assets of $1.3m against liabilities of $119k, net assets of $1.2m. It reported 15 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.