Ohio Living Foundation

Analysis

Ohio Living Foundation is a registered charity in United States, based in Westerville, OH. It received its IRS tax-exemption ruling in September 2023, 3 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ohio Living Foundation reported income of $5.8m and spending of $2.2m, leaving 62% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $6.7m to $5.8m (-13%), an average of -3.4% a year. The sharpest change came in the year to June 2023, when income dropped by 25%. Over the whole period it spent 33% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ohio Living Foundation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within OH. Charities of a similar size with the same main cause include Weecycle ($5.8m), Texas Center for Child and Family Studies ($5.8m) and Dothan-Houston County Intellectual Disabilites Board Inc ($5.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% of the total. Compensation of current officers, directors and key employees was $334k (15% of expenses). Other salaries and wages came to $895k. At year end it held assets of $87.3m against liabilities of $1.5m, net assets of $85.8m.