Ohio Invention League Inc

Analysis

Ohio Invention League Inc is a registered charity in United States, based in Macedonia, OH. It received its IRS tax-exemption ruling in June 2020, 6 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 August 2023, Ohio Invention League Inc reported income of $177k and spending of $147k, spending 83% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $172k to $177k (+2.8%), an average of +2.8% a year. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ohio Invention League 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 Southwest Virginia Alliance for Manufacturing Inc ($177k), Conway Farms Golf Club Foundation ($177k) and Somali Community of Louisville Inc ($177k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $69k against liabilities of $0, net assets of $69k.