Oesterlen - Services for Youth Foundation Inc

Analysis

Oesterlen - Services for Youth Foundation Inc is a registered charity in United States, based in Springfield, OH. It received its IRS tax-exemption ruling in August 1963, 63 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 June 2023, Oesterlen - Services for Youth Foundation Inc reported income of $6.5m and spending of $6.9m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $7.0m to $6.5m (-7.4%), an average of -1.9% a year. The sharpest change came in the year to June 2020, when income dropped by 20%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oesterlen - Services for Youth Foundation Inc 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 Misericordia Convalescent Home ($6.5m), Artpark & Company Inc ($6.5m) and Siloam Health ($6.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $150k (2.2% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $12.9m against liabilities of $3.5m, net assets of $9.3m. It reported 73 employees.