John F and Minnie C Oshea Scholarship Foundation

Analysis

John F and Minnie C Oshea Scholarship Foundation is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in July 2011, 15 years ago. The IRS classifies it as a supporting organisation (type iii other) under section 501(c)(3).

In the financial year ending May 2024, John F and Minnie C Oshea Scholarship Foundation reported income of $96k and spending of $114k, spending 118% of what it took in. Across the 5 years on record, from May 2020 to May 2024, income grew from $65k to $96k (+48%), an average of +10% a year. The sharpest change came in the year to May 2021, when income rose by 112%. Over the whole period it spent 117% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, John F and Minnie C Oshea Scholarship Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within OH. Charities of a similar size with the same main cause include Bdpa Education and Technology Foundation ($96k), Washington State School Retirees Foundation ($96k) and Black Association of New Orleans Fire Fighters Incorporated ($96k).

Compensation of current officers, directors and key employees was $26k (23% of expenses). At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.

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.