Ohio Foot and Ankle Medical Foundation Inc

Analysis

Ohio Foot and Ankle Medical Foundation Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in November 2017, 9 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 April 2024, Ohio Foot and Ankle Medical Foundation Inc reported income of $265k and spending of $266k, spending 101% of its income. Across the 5 years on record, from April 2020 to April 2024, income fell from $333k to $265k (-20%), an average of -5.6% a year. The sharpest change came in the year to April 2021, when income dropped by 46%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ohio Foot and Ankle Medical Foundation Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within OH. Charities of a similar size with the same main cause include Entrepreneurship Award Corp ($265k), Bilingual Children Inc ($265k) and Frazee Center ($265k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 0.9% and program service revenue 99% of the total. At year end it held assets of $120k against liabilities of $153k, net assets of -$32k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.