Fisher Titus Health

Analysis

Fisher Titus Health is a registered charity in United States, based in Norwalk, OH. It received its IRS tax-exemption ruling in November 1985, 41 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, Fisher Titus Health reported income of $13.6m and spending of $13.4m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $13.3m to $13.6m (+2.5%), an average of +0.6% a year. The sharpest change came in the year to December 2020, when income rose by 34%. Over the whole period it spent 130% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fisher Titus Health sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within OH. Charities of a similar size with the same main cause include Maria College ($13.6m), Arc in Hawaii ($13.6m) and Summit Ministries Inc ($13.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 79% of the total. Compensation of current officers, directors and key employees was $291k (2.2% of expenses). Other salaries and wages came to $10.7m. At year end it held assets of $14.5m against liabilities of $2.7m, net assets of $11.8m. It reported 55 employees.