Odyssey Inc

Analysis

Odyssey Inc is a registered charity in United States, based in Louisa, KY. It received its IRS tax-exemption ruling in April 2008, 18 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 December 2023, Odyssey Inc reported income of $13.7m and spending of $15.1m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.5m to $13.7m (+287%), an average of +40% a year. The sharpest change came in the year to December 2021, when income rose by 82%. Over the whole period it spent 114% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Odyssey Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within KY. Charities of a similar size with the same main cause include Sanford ($13.7m), Every Child Pediatrics ($13.7m) and Integritus Healthcare Management Services Inc ($13.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 73% of the total. Other salaries and wages came to $2.2m. At year end it held assets of $31.9m against liabilities of $36.6m, net assets of -$4.7m. It reported 118 employees.