Ohiohealth Corporation

Analysis

Ohiohealth Corporation is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in October 1942, 84 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ohiohealth Corporation reported income of $48.0m and spending of $48.0m, spending 100% of its income. Across the 5 years on record, from December 2019 to June 2023, income fell from $105.6m to $48.0m (-55%), an average of -18% a year. The sharpest change came in the year to June 2023, when income dropped by 55%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ohiohealth Corporation sits at the 93rd percentile: it is larger than about 93% 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 American Foundation for Suicide Prevention ($48.0m), Henry Ford Medical Group Genesys ($48.1m) and Healthnet Aeromedical Services Inc ($48.0m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 101% of the total. Other salaries and wages came to $19.4m. At year end it held assets of $119.9m against liabilities of $25.1m, net assets of $94.8m.