Zane State College Foundation

Analysis

Zane State College Foundation is a registered charity in United States, based in Zanesville, OH. It received its IRS tax-exemption ruling in November 1984, 42 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Zane State College Foundation reported income of $534k and spending of $591k, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.1m to $534k (-75%), an average of -29% a year. The sharpest change came in the year to June 2020, when income dropped by 57%. Over the whole period it spent 61% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Zane State College Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within OH. Charities of a similar size with the same main cause include Shalom Christian Academy and Day Care ($534k), Chiefs Athletic Booster Club ($534k) and Brass City Harvest Inc ($534k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% of the total. At year end it held assets of $13.6m against liabilities of $51k, net assets of $13.5m.