Ohio Association for Adult and Continuing Education Inc

Analysis

Ohio Association for Adult and Continuing Education Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in September 1987, 39 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 June 2023, Ohio Association for Adult and Continuing Education Inc reported income of $75k and spending of $51k, leaving 33% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $60k to $75k (+25%), an average of +25% a year. The sharpest change came in the year to June 2023, when income rose by 25%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ohio Association for Adult and Continuing Education Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within OH. Charities of a similar size with the same main cause include J M Brawner & H Brawner Trust Fund Ua 1000426 ($75k), Seaward Montessori PTA ($75k) and North Haven Maine Historical Society ($75k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 1.3% and program service revenue 66% of the total. At year end it held assets of $336k against liabilities of $0, net assets of $336k.