Direction Home of Eastern Ohio Inc

Analysis

Direction Home of Eastern Ohio Inc is a registered charity in United States, based in Youngstown, OH. It received its IRS tax-exemption ruling in February 1978, 48 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Direction Home of Eastern Ohio Inc reported income of $34.5m and spending of $32.6m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $30.3m to $34.5m (+14%), an average of +3.3% a year. 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, Direction Home of Eastern Ohio Inc sits at the 98th percentile: it is larger than about 98% 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 Palm Beach County Food Bank Inc ($34.5m), River Crossing Young Mens Christian Association ($34.6m) and Lift to Rise ($34.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $454k (1.4% of expenses). Other salaries and wages came to $8.2m. At year end it held assets of $21.9m against liabilities of $13.1m, net assets of $8.8m. It reported 168 employees.