Southern Ohio Diversification Initiative

Analysis

Southern Ohio Diversification Initiative is a registered charity in United States, based in Piketon, OH. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending September 2023, Southern Ohio Diversification Initiative reported income of $527k and spending of $870k, spending 165% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $216k to $527k (+144%), an average of +25% a year. The sharpest change came in the year to September 2021, when income rose by 132%. Over the whole period it spent 220% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Southern Ohio Diversification Initiative sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within OH. Charities of a similar size with the same main cause include City Island Oyster Reef Inc ($527k), Grounded Strategies ($528k) and Partners for Conservation Inc ($527k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $82k (9.4% of expenses). Other salaries and wages came to $263k. At year end it held assets of $1.6m against liabilities of $917k, net assets of $690k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.