Ohio Energy Project

Analysis

Ohio Energy Project is a registered charity in United States, based in Worthington, OH. It received its IRS tax-exemption ruling in August 1991, 35 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 Energy Project reported income of $1.5m and spending of $1.5m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.0m to $1.5m (-26%), an average of -7.1% a year. The sharpest change came in the year to June 2023, when income rose by 49%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ohio Energy Project sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within OH. Charities of a similar size with the same main cause include Richard Bland College Foundation Inc ($1.5m), Partners for Bertie County Public Schools ($1.5m) and International Association for College Admission Counseling Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $111k (7.5% of expenses). Other salaries and wages came to $324k. At year end it held assets of $1.1m against liabilities of $25k, net assets of $1.1m. It reported 9 employees.