Ohio Childrens Foundation

Analysis

Ohio Childrens Foundation is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in August 1990, 36 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Ohio Childrens Foundation reported income of $1.0m and spending of $981k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $1.0m (-13%), an average of -3.5% a year. The sharpest change came in the year to December 2023, when income rose by 541%. Over the whole period it spent 109% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ohio Childrens Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within OH. Charities of a similar size with the same main cause include Emerge Center Inc ($1.0m), The Kansas City Symphony Foundation ($1.0m) and Bay Valley Foundation ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% of the total. Compensation of current officers, directors and key employees was $334k (34% of expenses). Other salaries and wages came to $92k. At year end it held assets of $5.9m against liabilities of $4,537, net assets of $5.9m. It reported 4 employees.