Ohionet

Analysis

Ohionet is a registered charity in United States, based in Westerville, OH. It received its IRS tax-exemption ruling in September 1978, 48 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 2023, Ohionet reported income of $8.5m and spending of $9.0m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.5m to $8.5m (+1.0%), an average of +0.3% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ohionet sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within OH. Charities of a similar size with the same main cause include Dauphin County Library System ($8.5m), Horizon Science Academy Elementary School ($8.6m) and The Saint Constantine School ($8.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.6% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $522k (5.8% of expenses). Other salaries and wages came to $546k. At year end it held assets of $9.5m against liabilities of $6.2m, net assets of $3.3m. It reported 16 employees.