Ohio Valley Conference

Analysis

Ohio Valley Conference is a registered charity in United States, based in Brentwood, TN. It received its IRS tax-exemption ruling in July 1963, 63 years ago. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Ohio Valley Conference reported income of $9.9m and spending of $10.7m, spending 108% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $7.1m to $9.9m (+39%), an average of +8.6% a year. The sharpest change came in the year to June 2021, when income rose by 69%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ohio Valley Conference sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within TN. Charities of a similar size with the same main cause include Francis Parker School of Louiville Inc ($9.9m), Save Inc ($9.9m) and Madison Academy Inc ($9.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 53% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $326k (3.1% of expenses). Other salaries and wages came to $467k. At year end it held assets of $9.6m against liabilities of $413k, net assets of $9.2m. It reported 13 employees.