Southern Ohio Medical Center

Analysis

Southern Ohio Medical Center is a registered charity in United States, based in Portsmouth, OH. It received its IRS tax-exemption ruling in April 2006, 20 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Southern Ohio Medical Center reported income of $510k and spending of $107k, leaving 79% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $607k to $510k (-16%), an average of -4.3% a year. The sharpest change came in the year to June 2022, when income rose by 106%. Over the whole period it spent 30% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Southern Ohio Medical Center sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within OH. Charities of a similar size with the same main cause include Young Leadership Addiction Awareness Inc ($510k), Fort Hamilton Hospital Foundation ($510k) and North Texas Rehabilitation Services Inc ($510k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $6.3m against liabilities of $241k, net assets of $6.1m.