Ohio Northern University

Analysis

Ohio Northern University is a registered charity in United States, based in Ada, OH. It received its IRS tax-exemption ruling in October 1942, 84 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 May 2023, Ohio Northern University reported income of $172.4m and spending of $157.2m, spending 91% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $144.0m to $172.4m (+20%), an average of +6.2% a year. The sharpest change came in the year to May 2022, when income rose by 17%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ohio Northern University 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 100th percentile, and in the 100th percentile within OH. Charities of a similar size with the same main cause include Basis Charter Schools Inc ($171.6m), Pensacola Christian College Inc ($172.6m) and Herzing University Ltd ($171.4m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 18% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $1.4m (0.9% of expenses). Other salaries and wages came to $38.7m. It paid $58k in professional fundraising fees. At year end it held assets of $413.5m against liabilities of $114.0m, net assets of $299.6m. It reported 1,812 employees.