Ohio State University Foundation

Analysis

Ohio State University Foundation is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in November 1985, 41 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ohio State University Foundation reported income of $353.8m and spending of $300.1m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $357.1m to $353.8m (-0.9%), an average of -0.2% a year. The sharpest change came in the year to June 2021, when income dropped by 16%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ohio State University Foundation sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within OH. Charities of a similar size with the same main cause include New York Institute of Technology ($352.2m), Bowdoin College ($355.2m) and The Ojc Fund ($350.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% of the total. Other salaries and wages came to $90k. At year end it held assets of $1.76bn against liabilities of $54.8m, net assets of $1.70bn.