Olentangy Education Foundation

Analysis

Olentangy Education Foundation is a registered charity in United States, based in Lewis Center, OH. It received its IRS tax-exemption ruling in March 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 December 2023, Olentangy Education Foundation reported income of $137k and spending of $118k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $161k to $137k (-15%), an average of -3.9% a year. The sharpest change came in the year to December 2021, when income rose by 99%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Olentangy Education Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within OH. Charities of a similar size with the same main cause include Foundation of the National Academy of Television Arts and Sciences ($137k), N J State Fmba Foundation Inc ($137k) and Chicago Football Classic Scholarship Fund Inc ($137k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 2.1% of the total. Compensation of current officers, directors and key employees was $35k (30% of expenses). At year end it held assets of $883k against liabilities of $1,708, net assets of $881k. It reported 1 employees.