Worthington Field Studies Inc

Analysis

Worthington Field Studies Inc is a registered charity in United States, based in Worthington, OH. It received its IRS tax-exemption ruling in June 1968, 58 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, Worthington Field Studies Inc reported income of $79k and spending of $71k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $41k to $79k (+94%), an average of +94% a year. The sharpest change came in the year to December 2023, when income rose by 94%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Worthington Field Studies Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within OH. Charities of a similar size with the same main cause include Senior Citizens Foundation Inc ($79k), Volunteers of America Inc ($79k) and Pantherette Booster Club ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.2% and program service revenue 94% of the total. At year end it held assets of $17k against liabilities of $19k, net assets of -$2,129.