Olmsted Health and Services Corporation

Analysis

Olmsted Health and Services Corporation is a registered charity in United States, based in Olmsted Township, OH. It received its IRS tax-exemption ruling in February 1988, 38 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Olmsted Health and Services Corporation reported income of $7.9m and spending of $6.9m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $9.1m to $7.9m (-12%), an average of -3.2% a year. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Olmsted Health and Services Corporation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within OH. Charities of a similar size with the same main cause include Ajo Ambulance Inc ($7.9m), Vadis ($7.9m) and Curry Senior Center ($7.9m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $2.7m. At year end it held assets of $3.0m against liabilities of $582k, net assets of $2.5m.