Deaconess Associations Inc

Analysis

Deaconess Associations Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in July 1987, 39 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 (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, Deaconess Associations Inc reported income of $22.3m and spending of $12.7m, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $26.1m to $22.3m (-15%), an average of -3.8% a year. The sharpest change came in the year to December 2021, when income rose by 153%. Over the whole period it spent 34% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Deaconess Associations Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within OH. Charities of a similar size with the same main cause include American Religious Town Hall Meeting Inc ($22.3m), Community Nurses Home Health and Hospice Inc ($22.3m) and Promedica Northwest Ohio Cardiology Consultants LLC ($22.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $342k (2.7% of expenses). At year end it held assets of $1.12bn against liabilities of $145.3m, net assets of $975.5m.