Ohio Living Quaker Heights

Analysis

Ohio Living Quaker Heights is a registered charity in United States, based in Waynesville, OH. It received its IRS tax-exemption ruling in May 1967, 59 years ago. 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 Quaker Heights reported income of $7.2m and spending of $9.0m, spending 125% of what it took in. Across the 6 years on record, from December 2018 to June 2023, income fell from $7.7m to $7.2m (-6.9%), an average of -1.4% a year. The sharpest change came in the year to June 2020, when income rose by 108%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ohio Living Quaker Heights sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within OH. Charities of a similar size with the same main cause include The New School ($7.2m), Yeshivath Achei Tmimim of Pittsburgh ($7.2m) and Purple Heart Homes Inc ($7.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.4% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $58k (0.6% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $10.4m against liabilities of $9.9m, net assets of $526k.

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.