Ortner Scholarship Foundation

Analysis

Ortner Scholarship Foundation is a registered charity in United States, based in Charter Oak, IA. It received its IRS tax-exemption ruling in October 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ortner Scholarship Foundation reported income of $78k and spending of $26k, leaving 67% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $41k to $78k (+89%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 304%. Over the whole period it spent 44% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ortner Scholarship Foundation sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within IA. Charities of a similar size with the same main cause include Education Haiti - Edikasyon Ayiti ($78k), Acadia University US Foundation Nova Scotia ($78k) and Early Childhood Parent Organization Inc ($78k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% of the total. At year end it held assets of $691k against liabilities of $0, net assets of $691k.