Ohio State University Alumni Association Inc
Analysis
Ohio State University Alumni Association Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in January 1939, 87 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Ohio State University Alumni Association Inc reported income of $22.2m and spending of $19.2m, spending 86% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $16.0m to $22.2m (+39%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 35%. Over the whole period it spent 92% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Ohio State University Alumni Association Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within OH. Charities of a similar size with the same main cause include Northeast College of Health Sciences ($22.2m), Union Academy ($22.3m) and Northside Center for Child Development Inc ($22.2m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% and program service revenue 2.7% of the total. It paid $2.6m in professional fundraising fees. At year end it held assets of $38.1m against liabilities of $0, net assets of $38.1m.
Income and spending
Where the income comes from
- Contributions & grants 76%
- Program services 2.7%
- Other 22%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Northeast College of Health Sciences | Seneca Falls | $22.2m |
| Union Academy | Monroe | $22.3m |
| Northside Center for Child Development Inc | New York | $22.2m |
| American Maritime Officers Safety & Education Plan | Dania Beach | $22.3m |