Oberlin Historical and Improvement Organization

Analysis

Oberlin Historical and Improvement Organization is a registered charity in United States, based in Oberlin, OH. It received its IRS tax-exemption ruling in December 1964, 62 years ago. 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 December 2023, Oberlin Historical and Improvement Organization reported income of $395k and spending of $446k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $369k to $395k (+7.2%), an average of +1.8% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 127% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oberlin Historical and Improvement Organization 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 66th percentile, and in the 66th percentile within OH. Charities of a similar size with the same main cause include Association for Child Psychoanalysis ($395k), Warriors Path Volunteer Fire Dept Inc ($396k) and Volga Christian School ($395k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 3.0% of the total. Compensation of current officers, directors and key employees was $66k (15% of expenses). Other salaries and wages came to $175k. At year end it held assets of $4.3m against liabilities of $7,102, net assets of $4.3m. It reported 12 employees.

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.