Northwest Ohio Educational Technology Foundation

Analysis

Northwest Ohio Educational Technology Foundation is a registered charity in United States, based in Bowling Green, OH. It received its IRS tax-exemption ruling in April 1982, 44 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 2024, Northwest Ohio Educational Technology Foundation reported income of $218k and spending of $215k, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $209k to $218k (+4.1%), an average of +1.0% a year. The sharpest change came in the year to June 2023, when income dropped by 24%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northwest Ohio Educational Technology Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within OH. Charities of a similar size with the same main cause include Educational Foundation of the Shades Valley Rotary Club ($218k), RV Athletic Booster Club ($218k) and Homers 2 42 Inc ($218k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $39k (18% of expenses). Other salaries and wages came to $96k. At year end it held assets of $44k against liabilities of $0, net assets of $44k. It reported 4 employees.