Ohio Association of Student Financial Aid Administrators

Analysis

Ohio Association of Student Financial Aid Administrators is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in February 1977, 49 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Ohio Association of Student Financial Aid Administrators reported income of $119k and spending of $108k, spending 91% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $90k to $119k (+33%), an average of +5.9% a year. The sharpest change came in the year to June 2022, when income rose by 152%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ohio Association of Student Financial Aid Administrators sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within OH. Charities of a similar size with the same main cause include Finger Lakes Building Officials Association ($119k), Pegasus Media Project ($119k) and Christian Vocation Project of Memorial Episcopal Church Inc ($119k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 55% and program service revenue 23% of the total. At year end it held assets of $398k against liabilities of $0, net assets of $398k.