Ohio Regional Development Corp

Analysis

Ohio Regional Development Corp is a registered charity in United States, based in Coshocton, OH. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Regional Development Corp reported income of $1.3m and spending of $1.2m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $1.3m (-14%), an average of -3.8% a year. The sharpest change came in the year to December 2020, when income dropped by 28%. Over the whole period it spent 104% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ohio Regional Development Corp sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within OH. Charities of a similar size with the same main cause include Cathedral Plaza Development Corporation ($1.3m), East Washington County Shelter Partnership Council Inc ($1.3m) and Harbor Homes of Marthas Vineyard ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $115k (9.3% of expenses). Other salaries and wages came to $645k. At year end it held assets of $951k against liabilities of $146k, net assets of $805k. It reported 25 employees.