O Foundation

Analysis

O Foundation is a registered charity in United States, based in Gahanna, OH. It received its IRS tax-exemption ruling in May 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, O Foundation reported income of $287k and spending of $406k, spending 141% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $253k to $287k (+13%), an average of +14% a year. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, O Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within OH. Charities of a similar size with the same main cause include Spring Hill School Incorporated ($287k), Springdale Athletic Foundation ($287k) and Career Tech High School ($287k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $87k against liabilities of $0, net assets of $87k.