Ohio Operating Engineers Apprenticeship Fund

Analysis

Ohio Operating Engineers Apprenticeship Fund is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in August 1968, 58 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Ohio Operating Engineers Apprenticeship Fund reported income of $13.2m and spending of $13.1m, spending 99% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $12.9m to $13.2m (+2.8%), an average of +0.9% a year. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Ohio Operating Engineers Apprenticeship Fund sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within OH. Charities of a similar size with the same main cause include Choose New Jersey Inc ($13.2m), South Central Missouri Community Action Agency ($13.3m) and Lumibility Inc ($13.2m).

On its Form 990 for the period ending July 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $153k (1.2% of expenses). Other salaries and wages came to $4.3m. At year end it held assets of $29.0m against liabilities of $931k, net assets of $28.0m. It reported 75 employees.