Ohel Childrens Home and Family Services Inc

Analysis

Ohel Childrens Home and Family Services Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in October 1967, 59 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Ohel Childrens Home and Family Services Inc reported income of $80.9m and spending of $77.6m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $66.1m to $80.9m (+22%), an average of +5.2% a year. The sharpest change came in the year to June 2022, when income rose by 26%. 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, Ohel Childrens Home and Family Services Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Cook Inlet Tribal Council Inc ($80.8m), Childrens Home & Aid Society of Illinois ($81.0m) and Rocky Mountain Human Services ($80.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $1.8m (2.3% of expenses). Other salaries and wages came to $44.2m. At year end it held assets of $91.1m against liabilities of $46.8m, net assets of $44.3m. It reported 1,836 employees.