Ohio Amvets Charities

Analysis

Ohio Amvets Charities is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 June 2024, Ohio Amvets Charities reported income of $1.3m and spending of $769k, leaving 42% of income unspent that year. Across the 4 years on record, from June 2021 to June 2024, income grew from $402k to $1.3m (+230%), an average of +49% a year. The sharpest change came in the year to June 2023, when income rose by 74%. Over the whole period it spent 58% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ohio Amvets Charities sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within OH. Charities of a similar size with the same main cause include International Insurance Society Inc ($1.3m), Temco Inc ($1.3m) and St Marys Hospital Memorial Foundation ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. At year end it held assets of $1.5m against liabilities of $569, net assets of $1.5m.