Finishing Trades Institute of the Ohio Region - F T I O R

Analysis

Finishing Trades Institute of the Ohio Region - F T I O R is a registered charity in United States, based in Strongsville, OH. It received its IRS tax-exemption ruling in April 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Finishing Trades Institute of the Ohio Region - F T I O R reported income of $1.5m and spending of $1.4m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.5m (+6.3%), an average of +1.5% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Finishing Trades Institute of the Ohio Region - F T I O R sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within OH. Charities of a similar size with the same main cause include Countryside Private School Inc ($1.5m), Nativity Child & Family Center ($1.5m) and Texas Home School Coalition Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.2% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $133k (9.7% of expenses). Other salaries and wages came to $408k. At year end it held assets of $1.6m against liabilities of $5,900, net assets of $1.6m. It reported 18 employees.