Onamia Area Assisted Living

Analysis

Onamia Area Assisted Living is a registered charity in United States, based in Onamia, MN. It received its IRS tax-exemption ruling in October 2005, 21 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Onamia Area Assisted Living reported income of $1.5m and spending of $1.7m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.5m (+16%), an average of +3.8% a year. Over the whole period it spent 110% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Onamia Area Assisted Living sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within MN. Charities of a similar size with the same main cause include Ardent Solutions Inc ($1.5m), Center for Counseling & Wellness ($1.5m) and Health Assistance Intervention Education Network for Connecticut ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $44k (2.6% of expenses). Other salaries and wages came to $663k. At year end it held assets of $1.1m against liabilities of $3.3m, net assets of -$2.2m.

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.