Ohio State University Foundation: $353.8M Revenue, $234.0M Program Expenses
Columbus, Ohio · EIN 311145986 · Filing year 2023
Ohio State University Foundation reported $353.8M in total revenue, $300.1M in total expenses, and $1.8B in total assets on its 2023 IRS Form 990. 78.0% of expenses ($234.0M) went directly to programs. Top officer compensation is not reported on this 990 filing. Overall efficiency grade: B (68/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.
Key Facts (2023 Form 990)
- Total Revenue
- $353.8M
- Total Expenses
- $300.1M
- Program Expenses
- $234.0M
- Program Expense Ratio
- 78.0%
- Total Assets
- $1.8B
- Reserve Months
- 70.3 months
- EIN
- 311145986
- Latest 990 Year
- 2023
- Top Officer Compensation
- Not reported
The efficiency rubric puts Ohio State University Foundation at a B grade: a composite of 68/100 that lands above the national midpoint. The grade reflects solid program-spending discipline alongside reasonable executive compensation and financial reserves.
Annual revenue at Ohio State University Foundation runs $353.8M (2023), placing it among the larger U.S. nonprofits in the IRS Form 990 dataset. Ohio State University Foundation directs 80% of its expenses to programs — above the third-party-rater threshold for an efficient organization.
Revenue has been roughly stable over the five-year filing window. The pattern is normal for established organizations operating in a mature program area. CEO compensation is reported as zero in the filing — typical for nonprofits where the chief executive is paid through a related entity (parent system, university, or foundation) rather than the filing organization itself, or for small organizations whose chief is a volunteer or board member. In the Education category, Ohio State University Foundation sits alongside universities, K-12 systems, scholarship funds, and education-research organizations. Education-sector nonprofits often hold large endowments, which affects how the reserves-and-revenue ratios should be read.
How Ohio State University Foundation Compares
Ohio State University Foundation directs 78.0% of spending to programs, meeting the 65% minimum recommended by charity watchdogs. Its efficiency score of 68/100 is 6 points below the Education category average. The organization holds 70.3 months of operating reserves, indicating strong financial stability.
Where Your Donation Goes
Based on IRS tax-exempt organization data, for every dollar donated to Ohio State University Foundation, approximately 78.0 cents goes directly to program activities. The remaining funds cover administrative costs, fundraising, and management expenses.
Revenue History
Ohio State University Foundation has an Efficiency Score of B (68/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.
Ohio State University Foundation, Donor FAQ
Ohio State University Foundation has an Efficiency Score of B (68/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.
CEO/officer compensation for Ohio State University Foundation is not reported in the most recent IRS 990 filing on file.
Ohio State University Foundation reported $353.8M in annual revenue and $300.1M in total expenses for filing year 2023. The organization holds $1.8B in total assets.
For every dollar donated to Ohio State University Foundation, approximately 78.0 cents goes to program activities. The organization has 70.3 months of operating reserves, providing financial stability to sustain its mission.
Ohio State University Foundation is a registered 501(c) organization with EIN 311145986, based in Columbus, Ohio. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.
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Financial data is sourced from IRS 990 filings via ProPublica Nonprofit Explorer. Efficiency Scores combine program spending ratio (50%), revenue growth (20%), reserve months (20%), and CEO compensation ratio (10%). Filing data may lag 6-18 months from the tax year.