Family Resource Center of Northwest Ohio Inc

Analysis

Family Resource Center of Northwest Ohio Inc is a registered charity in United States, based in Lima, OH. It received its IRS tax-exemption ruling in October 1985, 41 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2023, Family Resource Center of Northwest Ohio Inc reported income of $17.7m and spending of $16.6m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.2m to $17.7m (+184%), an average of +30% a year. The sharpest change came in the year to June 2020, when income rose by 89%. 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, Family Resource Center of Northwest Ohio Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within OH. Charities of a similar size with the same main cause include Saint Thomas Hickman Hospital ($17.7m), Detroit Central City Community Mental Health Inc ($17.7m) and Ourcare Inc ($17.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $730k (4.4% of expenses). Other salaries and wages came to $9.3m. At year end it held assets of $7.8m against liabilities of $3.3m, net assets of $4.5m. It reported 314 employees.