Otterbein Lebanon
Analysis
Otterbein Lebanon is a registered charity in United States, based in Lebanon, OH. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Otterbein Lebanon reported income of $48.8m and spending of $45.2m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $40.7m to $48.8m (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 98% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Otterbein Lebanon sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within OH. Charities of a similar size with the same main cause include Carolina Meadows Inc ($48.7m), Oorah Inc ($48.9m) and CDS Life Transitions Inc ($48.7m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.3% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $419k (0.9% of expenses). Other salaries and wages came to $14.4m. At year end it held assets of $188.5m against liabilities of $112.8m, net assets of $75.7m. It reported 678 employees.
Income and spending
Where the income comes from
- Contributions & grants 4.3%
- Program services 91%
- Other 4.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Carolina Meadows Inc | Chapel Hill | $48.7m |
| Oorah Inc | Lakewood | $48.9m |
| CDS Life Transitions Inc | Webster | $48.7m |
| Second Harvest Foodbank of Southern Wisconsin | Madison | $49.0m |