Oglebay Institute

Analysis

Oglebay Institute is a registered charity in United States, based in Wheeling, WV. It received its IRS tax-exemption ruling in November 1944, 82 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 June 2023, Oglebay Institute reported income of $3.4m and spending of $2.9m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.1m to $3.4m (+9.9%), an average of +2.4% a year. The sharpest change came in the year to June 2022, when income rose by 41%. Over the whole period it spent 85% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Oglebay Institute sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within WV. Charities of a similar size with the same main cause include Eagles Nest Foundation Incorporated ($3.4m), National Network of Abortion Funds ($3.4m) and Evanston Rebuilding Warehouse ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 49% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $204k (6.9% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $21.6m against liabilities of $883k, net assets of $20.7m. It reported 121 employees.