Ohio Shared Information Services Inc

Analysis

Ohio Shared Information Services Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in December 2001, 25 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ohio Shared Information Services Inc reported income of $32.1m and spending of $31.9m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $19.4m to $32.1m (+66%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 22%. Over the whole period it spent 98% 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 Shared Information Services Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within OH. Charities of a similar size with the same main cause include The Community Foundation of Western North Carolina Inc ($32.0m), Houston Jewish Community Foundation ($32.5m) and The Lenfest Inst for Journalism Spe Asset Fund of the PHL Foundation ($32.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.3% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $1.4m (4.3% of expenses). Other salaries and wages came to $12.3m. At year end it held assets of $9.8m against liabilities of $5.9m, net assets of $3.9m. It reported 170 employees.