Ohio Scholarship Fund

Analysis

Ohio Scholarship Fund 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 Scholarship Fund reported income of $1.2m and spending of $1.2m, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $1.2m to $1.2m (-2.3%), an average of -2.3% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ohio Scholarship Fund sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within OH. Charities of a similar size with the same main cause include African American Male Educational Network and Development ($1.2m), Foundationone ($1.2m) and Educational Endowment Fund Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $1.3m against liabilities of $1.3m, net assets of $21k.