Charitable Pharmacy of Central Ohio

Analysis

Charitable Pharmacy of Central Ohio is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in October 1974, 52 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Charitable Pharmacy of Central Ohio reported income of $6.3m and spending of $5.4m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $8.4m to $6.3m (-25%), an average of -6.8% a year. The sharpest change came in the year to December 2020, when income rose by 56%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Charitable Pharmacy of Central Ohio sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within OH. Charities of a similar size with the same main cause include Larche Erie Inc ($6.3m), Reed Academy Inc ($6.3m) and Catholic Partnerships Schools Camden NJ Inc ($6.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $178k (3.3% of expenses). Other salaries and wages came to $556k. At year end it held assets of $5.7m against liabilities of $49k, net assets of $5.7m. It reported 20 employees.