Our Lady of the Wayside Inc

Analysis

Our Lady of the Wayside Inc is a registered charity in United States, based in Avon, OH. It received its IRS tax-exemption ruling in February 1968, 58 years ago. 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, Our Lady of the Wayside Inc reported income of $36.6m and spending of $38.5m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $31.1m to $36.6m (+18%), an average of +4.1% a year. The sharpest change came in the year to December 2020, when income rose by 15%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Our Lady of the Wayside Inc 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 98th percentile, and in the 98th percentile within OH. Charities of a similar size with the same main cause include Community Mental Health Affiliates Inc ($36.6m), Providence Trinitycare Hospice ($36.6m) and Central Florida Family Health Center Inc ($36.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.0% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $559k (1.5% of expenses). Other salaries and wages came to $28.0m. At year end it held assets of $9.0m against liabilities of $9.4m, net assets of -$324k. It reported 581 employees.