Ohio Ffa Foundation Inc

Analysis

Ohio Ffa Foundation Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in January 1945, 81 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Ohio Ffa Foundation Inc reported income of $710k and spending of $632k, spending 89% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $677k to $710k (+5.0%), an average of +1.2% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ohio Ffa Foundation Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within OH. Charities of a similar size with the same main cause include Safe Alternatives for Abused Families Saaf ($710k), Fallbrook Center for the Arts Inc ($710k) and Epilepsy Services of New Jersey a NJ Nonprofit Corporation ($710k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 90% and program service revenue 5.8% of the total. Compensation of current officers, directors and key employees was $80k (13% of expenses). Other salaries and wages came to $72k. At year end it held assets of $1.8m against liabilities of $18k, net assets of $1.8m. It reported 5 employees.