Mid-Ohio Scholarship Program Inc

Analysis

Mid-Ohio Scholarship Program Inc is a registered charity in United States, based in Strongsville, OH. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Mid-Ohio Scholarship Program Inc reported income of $174k and spending of $195k, spending 112% of what it took in. Across the 5 years on record, from December 2018 to December 2023, income grew from $162k to $174k (+6.9%), an average of +1.7% a year. The sharpest change came in the year to December 2021, when income rose by 415%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mid-Ohio Scholarship Program Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within OH. Charities of a similar size with the same main cause include Living Learning Libraries ($174k), Everyday Hero Project Inc ($174k) and Hunter Houle Memorial Foundation ($174k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% of the total. At year end it held assets of $82k against liabilities of $77k, net assets of $5,609.