Otto B Schoepfle Charitable Trust 4749

Analysis

Otto B Schoepfle Charitable Trust 4749 is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Otto B Schoepfle Charitable Trust 4749 reported income of $291k and spending of $351k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $189k to $291k (+53%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 76%. Over the whole period it spent 131% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Otto B Schoepfle Charitable Trust 4749 sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within OH. Charities of a similar size with the same main cause include The Foundation for Community Empowerment ($290k), Roy G Post Foundation ($291k) and Joe & Mary Leary TR Uw 053194 ($290k).

Compensation of current officers, directors and key employees was $44k (13% of expenses). At year end it held assets of $4.1m against liabilities of $0, net assets of $4.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.