Oglebay Park-Oglebay Institute Trust

Analysis

Oglebay Park-Oglebay Institute Trust is a registered charity in United States, based in Brooklyn, OH. It received its IRS tax-exemption ruling in February 1978, 48 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Oglebay Park-Oglebay Institute Trust reported income of $301k and spending of $566k, spending 188% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $152k to $301k (+99%), an average of +19% a year. The sharpest change came in the year to December 2020, when income rose by 628%. Over the whole period it spent 33% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oglebay Park-Oglebay Institute Trust 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 62nd percentile, and in the 62nd percentile within OH. Charities of a similar size with the same main cause include Project Dream Inc ($301k), Lions in Sight of California and Nevada ($301k) and Texas Electric Transportation Resources Alliance Education Fund ($301k).

Compensation of current officers, directors and key employees was $71k (13% of expenses). At year end it held assets of $7.3m against liabilities of $0, net assets of $7.3m.