Ohio Cpa Foundation

Analysis

Ohio Cpa Foundation is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in March 1966, 60 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 April 2023, Ohio Cpa Foundation reported income of $559k and spending of $478k, spending 86% of its income. Across the 5 years on record, from April 2019 to April 2023, income grew from $421k to $559k (+33%), an average of +7.3% a year. The sharpest change came in the year to April 2022, when income rose by 47%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ohio Cpa Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within OH. Charities of a similar size with the same main cause include Alcoholism & Addiction Assistance Association Inc ($559k), Tampa Bay Research Institute Inc ($559k) and Little League Baseball Inc ($559k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 80% of the total. Other salaries and wages came to $248k. At year end it held assets of $4.3m against liabilities of $92k, net assets of $4.2m.