Ottauquechee Health Foundation Inc

Analysis

Ottauquechee Health Foundation Inc is a registered charity in United States, based in Woodstock, VT. It received its IRS tax-exemption ruling in January 1962, 64 years ago. 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 December 2023, Ottauquechee Health Foundation Inc reported income of $483k and spending of $535k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $405k to $483k (+19%), an average of +4.5% a year. The sharpest change came in the year to December 2020, when income rose by 80%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ottauquechee Health Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 64th percentile within VT. Charities of a similar size with the same main cause include Zion Hill Apartments Inc ($483k), Hastings Hockey Boosters Inc ($483k) and Leadership Spokane ($483k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% of the total. Compensation of current officers, directors and key employees was $54k (10% of expenses). Other salaries and wages came to $62k. At year end it held assets of $4.2m against liabilities of $31k, net assets of $4.2m. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.