Ohio Mayors Alliance Foundation

Analysis

Ohio Mayors Alliance Foundation is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in September 2022, 4 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 December 2023, Ohio Mayors Alliance Foundation reported income of $385k and spending of $228k, leaving 41% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $280k to $385k (+38%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ohio Mayors Alliance Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within OH. Charities of a similar size with the same main cause include Pacem School Inc ($385k), E320 Project ($385k) and Newbury Public Library Foundation of New Hampshire ($385k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $57k (25% of expenses). Other salaries and wages came to $84k. At year end it held assets of $293k against liabilities of $21k, net assets of $272k. It reported 4 employees.