Lorain County Health Inc

Analysis

Lorain County Health Inc is a registered charity in United States, based in Amherst, OH. It received its IRS tax-exemption ruling in July 2009, 17 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Lorain County Health Inc reported income of $216k and spending of $80k, leaving 63% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $204k to $216k (+5.9%), an average of +1.4% a year. The sharpest change came in the year to December 2021, when income rose by 90%. Over the whole period it spent 48% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Lorain County Health Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 56th percentile within OH. Charities of a similar size with the same main cause include Tri-County Indian Nations C D C ($216k), Friends of Lakeview NFP ($216k) and Lincoln County Economic Developmentcouncil ($216k).

At year end it held assets of $1.2m against liabilities of $425k, net assets of $787k.