Leadingage Ohio Foundation

Analysis

Leadingage Ohio Foundation is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in July 1985, 41 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 December 2023, Leadingage Ohio Foundation reported income of $612k and spending of $611k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $612k (-42%), an average of -13% a year. The sharpest change came in the year to December 2020, when income dropped by 68%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Leadingage Ohio Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within OH. Charities of a similar size with the same main cause include Wisconsin Association of Ffa Incorporated ($612k), Venice Japanese Community Center ($612k) and Jewish Community Council of Winston-Salem ($612k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.7% and program service revenue 94% of the total. At year end it held assets of $537k against liabilities of $67k, net assets of $470k.