Ohio Construction Academy

Analysis

Ohio Construction Academy is a registered charity in United States, based in Kent, OH. It received its IRS tax-exemption ruling in February 2014, 12 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 June 2023, Ohio Construction Academy reported income of $1.8m and spending of $1.6m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $972k to $1.8m (+85%), an average of +17% a year. The sharpest change came in the year to June 2020, when income rose by 39%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ohio Construction Academy 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 85th percentile, and in the 85th percentile within OH. Charities of a similar size with the same main cause include Team Academy ($1.8m), Religious Freedom Institute Inc ($1.8m) and Ohca Educational Foundation ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $9,125 (0.6% of expenses). At year end it held assets of $1.4m against liabilities of $1.5m, net assets of -$35k.