College Properties of Oberlin Inc

Analysis

College Properties of Oberlin Inc is a registered charity in United States, based in Oberlin, OH. It received its IRS tax-exemption ruling in January 1991, 35 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, College Properties of Oberlin Inc reported income of $311k and spending of $254k, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $267k to $311k (+17%), an average of +3.9% a year. The sharpest change came in the year to June 2023, when income rose by 75%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, College Properties of Oberlin Inc sits at the 61st percentile: it is larger than about 61% 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 Rey Feo Scholarship Foundation ($311k), Deer Park Educational Foundation ($311k) and South Carolina First Steps to School Readiness Board of Trustees ($311k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $5.1m against liabilities of $400, net assets of $5.1m.