Ohio Business Week Foundation

Analysis

Ohio Business Week Foundation is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in January 1989, 37 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 October 2023, Ohio Business Week Foundation reported income of $108k and spending of $139k, spending 129% of what it took in. Across the 3 years on record, from October 2021 to October 2023, income grew from $85k to $108k (+27%), an average of +13% a year. The sharpest change came in the year to October 2022, when income rose by 98%. Over the whole period it spent 109% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Ohio Business Week Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 39th percentile within OH. Charities of a similar size with the same main cause include Horsemans Mission ($108k), Teller County Honorary Deputy Sheriff Association ($108k) and Lancaster Athletic Booster Club ($108k).

On its Form 990-EZ for the period ending October 2023, revenue came from contributions and grants 50% and program service revenue 49% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.