Ohio Living Holdings

Analysis

Ohio Living Holdings is a registered charity in United States, based in Westerville, OH. It received its IRS tax-exemption ruling in September 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ohio Living Holdings reported income of $53.5m and spending of $53.5m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $42.9m to $53.5m (+25%), an average of +5.7% a year. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ohio Living Holdings 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 OH. Charities of a similar size with the same main cause include Making Opportunity Count Inc ($53.4m), Young Mens Christian Association of South Hampton Roads ($53.5m) and Henry Street Settlement ($53.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.3% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $616k (1.2% of expenses). Other salaries and wages came to $22.9m. At year end it held assets of $7.4m against liabilities of $3.5m, net assets of $3.9m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.