Ohio University Foundation

Analysis

Ohio University Foundation is a registered charity in United States, based in Athens, OH. It received its IRS tax-exemption ruling in March 1955, 71 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, Ohio University Foundation reported income of $85.1m and spending of $51.2m, leaving 40% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $42.3m to $85.1m (+101%), an average of +19% a year. The sharpest change came in the year to June 2021, when income rose by 114%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ohio University Foundation sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within OH. Charities of a similar size with the same main cause include Accreditation Council for Graduate Medical Education ($84.7m), First Book ($85.1m) and Goucher College ($84.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $1.3m (2.6% of expenses). Other salaries and wages came to $7.4m. It paid $314k in professional fundraising fees. At year end it held assets of $725.3m against liabilities of $7.6m, net assets of $717.7m. It reported 94 employees.