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UNIVERSITY OF AKRON FOUNDATION

AKRON, Ohio, 44325

EIN: 34-6575496

Educational Institutions and Related Activities

DEMOGRAPHIC

ADDRESS
302 BUCHTEL MALL
44325
COUNTY
summit county, OH

ORGANIZATIONAL OVERVIEW & RANKINGS

UNIVERSITY OF AKRON FOUNDATION is a based in AKRON, OH, focused on Educational Institutions and Related Activities causes . Established in September 1966, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $251,625,335.00, this ranks 4,758 among 2,656,690 nonprofits nationally (Top 1%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 161 out of 105,194 organizations in OH (Top 1%).

In summit county, OH, the organization ranks 8 out of 4,429 nonprofits by assets (Top 1%), while locally in akron, it stands at 6 among 2,108 organizations (Top 1%).

The organization reported annual revenue of $16,632,940.00, ranking 20,568 nationally (Top 1%) and 707 in OH (Top 1%).

Within its specific NTEE classification (B110 - B: Educational Institutions and Related Activities), which includes 624 similar organizations, UNIVERSITY OF AKRON FOUNDATION ranks 112 in assets (Top 16%) and 168 in revenue (Top 24%).

The organization files a 990 (all other) or 990EZ return and operates on a May fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Gifts grants or loans to other organizations
Endowment fund or financial services
Erection or maintenance of public building or works
NTEE COMMON CODE
B: Educational Institutions and Related Activities
NTEE CODE
N/A
FOUNDATION CODE
13: Organization which operates for benefit of college or university and is owned or operated by a governmental unit 170(b)(1)(A)(iv)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
06/2023
ACCOUNTING PERIOD
06
INCOME CODE
8: $10,000,000 to $49,999,999
INCOME AMOUNT
$22,018,964.00
FORM 990 REVENUE AMOUNT
$16,632,940.00
RULING DATE
09/1966
ASSET CODE
9: $50,000,000 to greater
ASSET AMOUNT
$251,625,335.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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