Engineers Foundation of Ohio

Analysis

Engineers Foundation of Ohio is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in August 1965, 61 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Engineers Foundation of Ohio reported income of $289k and spending of $317k, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $463k to $289k (-38%), an average of -11% a year. The sharpest change came in the year to June 2020, when income dropped by 26%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Engineers Foundation of Ohio sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within OH. Charities of a similar size with the same main cause include Always Giving Back Foundation ($289k), Orange County Jewish Community Scholar Program ($289k) and Patriot Pioneers Booster Club Inc ($289k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.7% and program service revenue 81% of the total. At year end it held assets of $1.8m against liabilities of $70k, net assets of $1.7m.