Northwest Ohio Classical Academy Foundation

Analysis

Northwest Ohio Classical Academy Foundation is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in June 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Northwest Ohio Classical Academy Foundation reported income of $262k and spending of $94k, leaving 64% of income unspent that year. Across the 4 years on record, from June 2021 to June 2024, income grew from $51k to $262k (+408%), an average of +72% a year. The sharpest change came in the year to June 2022, when income rose by 290%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northwest Ohio Classical Academy Foundation 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 The Commission on Massage Therapy Accreditation ($262k), Achievement Rewards for College Scientists Foundation Inc Orange C ($262k) and Florida Electrical Apprenticeship & Training Inc ($261k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 106% of the total. At year end it held assets of $257k against liabilities of $0, net assets of $257k.