Ochin Inc

Analysis

Ochin Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover health care, 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 August 2023, Ochin Inc reported income of $202.9m and spending of $194.9m, spending 96% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $69.6m to $202.9m (+191%), an average of +31% a year. The sharpest change came in the year to August 2022, when income rose by 39%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ochin Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within OR. Charities of a similar size with the same main cause include Sierra Nevada Memorial-Miners Hospital ($202.6m), St Elizabeth Community Health Support ($203.0m) and Rambam Health Corporation ($202.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 9.3% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $3.2m (1.6% of expenses). Other salaries and wages came to $93.9m. At year end it held assets of $155.9m against liabilities of $107.4m, net assets of $48.5m. It reported 1,254 employees.