Wexner Center Foundation

Analysis

Wexner Center Foundation is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in October 1990, 36 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Wexner Center Foundation reported income of $2.3m and spending of $2.4m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.6m to $2.3m (-36%), an average of -10% a year. The sharpest change came in the year to June 2021, when income dropped by 58%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wexner Center Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within OH. Charities of a similar size with the same main cause include Mountain Discovery Charter School of Swain County ($2.3m), Northstar Christian Academy ($2.3m) and Brightlane Learning Corp ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $12.1m against liabilities of $124k, net assets of $12.0m. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.