Ohio Farm Bureau Foundation Inc

Analysis

Ohio Farm Bureau Foundation Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Ohio Farm Bureau Foundation Inc reported income of $785k and spending of $713k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $785k (-47%), an average of -14% a year. The sharpest change came in the year to December 2021, when income rose by 48%. Over the whole period it spent 58% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ohio Farm Bureau Foundation Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within OH. Charities of a similar size with the same main cause include Tahoe Area Mountain Bike Association ($785k), Emancipation Park Conservancy ($785k) and Glen-Ed Sports Association ($785k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 12% of the total. At year end it held assets of $6.8m against liabilities of $175k, net assets of $6.6m.