Western Ohio Educational Foundation

Analysis

Western Ohio Educational Foundation is a registered charity in United States, based in Celina, OH. It received its IRS tax-exemption ruling in March 1964, 62 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Western Ohio Educational Foundation reported income of $2.4m and spending of $78k, leaving 97% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $345k to $2.4m (+610%), an average of +48% a year. The sharpest change came in the year to June 2024, when income rose by 1299%. Over the whole period it spent 35% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Western Ohio Educational Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within OH. Charities of a similar size with the same main cause include American Brownstone Institute ($2.4m), Ready Set Grow Inc ($2.4m) and Applied Scholastics International ($2.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 91% of the total. At year end it held assets of $6.7m against liabilities of $2.7m, net assets of $3.9m.