Ottawa Residential Services Inc

Analysis

Ottawa Residential Services Inc is a registered charity in United States, based in Port Clinton, OH. It received its IRS tax-exemption ruling in June 1978, 48 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, Ottawa Residential Services Inc reported income of $585k and spending of $567k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $482k to $585k (+21%), an average of +5.0% a year. The sharpest change came in the year to December 2021, when income rose by 15%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ottawa Residential Services Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within OH. Charities of a similar size with the same main cause include The Academy for Clinical and ($585k), Boojum Institute for Experiential Education ($585k) and Alabama Home Health Care Inc ($585k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $70k (12% of expenses). Other salaries and wages came to $179k. At year end it held assets of $2.1m against liabilities of $171k, net assets of $1.9m. It reported 6 employees.