Ohio State University Physicians Inc

Analysis

Ohio State University Physicians Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in January 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Ohio State University Physicians Inc reported income of $1.03bn and spending of $1.06bn, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $573.3m to $1.03bn (+80%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 42%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ohio State University Physicians Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within OH. Charities of a similar size with the same main cause include College Board ($1.02bn), Southern Methodist University ($1.04bn) and Fordham University ($1.02bn).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.9% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $32.5m (3.1% of expenses). Other salaries and wages came to $609.3m. At year end it held assets of $601.7m against liabilities of $399.3m, net assets of $202.4m. It reported 2,083 employees.