Ohio Recreation and Education Foundation Inc

Analysis

Ohio Recreation and Education Foundation Inc is a registered charity in United States, based in Middletown, OH. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Recreation and Education Foundation Inc reported income of $513k and spending of $434k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $1.6m to $513k (-68%), an average of -68% a year. The sharpest change came in the year to December 2023, when income dropped by 68%. Over the whole period it spent 30% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ohio Recreation and Education Foundation Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within OH. Charities of a similar size with the same main cause include Korean Gospel Broadcasting Network ($513k), Thai Village Inc ($513k) and Iglesia de Dios Fuente de Los Milagros ($513k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Other salaries and wages came to $162k. At year end it held assets of $2.4m against liabilities of $975k, net assets of $1.5m. It reported 16 employees.