Ohio Valley Goodwill Industries Rehabilitation Center Inc

Analysis

Ohio Valley Goodwill Industries Rehabilitation Center Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in October 1943, 83 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ohio Valley Goodwill Industries Rehabilitation Center Inc reported income of $42.2m and spending of $37.5m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $41.7m to $42.2m (+1.3%), an average of +0.3% a year. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ohio Valley Goodwill Industries Rehabilitation Center Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within OH. Charities of a similar size with the same main cause include Catholic Community Services of Southern Arizona Inc ($42.2m), The Rapha Foundation ($42.2m) and Nysarc Inc ($42.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $1.0m (2.8% of expenses). Other salaries and wages came to $20.3m. At year end it held assets of $93.3m against liabilities of $12.5m, net assets of $80.8m. It reported 1,508 employees.