The Ohioana Library Association

Analysis

The Ohioana Library Association is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in December 1943, 83 years ago. 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, The Ohioana Library Association reported income of $514k and spending of $593k, spending 115% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $561k to $514k (-8.4%), an average of -2.2% a year. The sharpest change came in the year to June 2021, when income rose by 38%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Ohioana Library Association sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within OH. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($514k), S E Hall Whitney Young Housing Corporation ($514k) and 112 Alves Lane Inc a California Nonprofit Public Benefit Corp ($514k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 3.3% of the total. Compensation of current officers, directors and key employees was $89k (15% of expenses). Other salaries and wages came to $163k. At year end it held assets of $1.0m against liabilities of $4,709, net assets of $1.0m. It reported 5 employees.