Ohio Association of Foodbanks

Analysis

Ohio Association of Foodbanks is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in November 1991, 35 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 Association of Foodbanks reported income of $60.9m and spending of $59.8m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $26.4m to $60.9m (+131%), an average of +23% a year. The sharpest change came in the year to June 2020, when income rose by 41%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ohio Association of Foodbanks sits at the 99th percentile: it is one of the largest 1% in its cause. 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 Food Bank of Eastern Michigan Inc ($60.9m), Area Agency on Aging of Western Michigan Inc ($61.0m) and Crossroads Young Mens Christian Association Inc ($60.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $964k (1.6% of expenses). Other salaries and wages came to $902k. At year end it held assets of $35.1m against liabilities of $27.1m, net assets of $8.0m. It reported 19 employees.