Ohi

Analysis

Ohi is a registered charity in United States, based in Bangor, ME. It received its IRS tax-exemption ruling in January 1980, 46 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ohi reported income of $18.5m and spending of $18.9m, spending 103% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $16.4m to $18.5m (+13%), an average of +4.0% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ohi sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within ME. Charities of a similar size with the same main cause include Mission Hospice & Home Care Inc ($18.4m), Michigan Community Services Inc ($18.5m) and Ohio Living ($18.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.2% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $397k (2.1% of expenses). Other salaries and wages came to $12.0m. At year end it held assets of $13.4m against liabilities of $3.3m, net assets of $10.0m. It reported 333 employees.