Otterbein North Shore

Analysis

Otterbein North Shore is a registered charity in United States, based in Lakeside, OH. It received its IRS tax-exemption ruling in August 1993, 33 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, Otterbein North Shore reported income of $8.5m and spending of $7.5m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.9m to $8.5m (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 95% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Otterbein North Shore sits at the 94th percentile: it is larger than about 94% 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 Habitat for Humanity International Inc ($8.5m), Habitat for Humanity International Inc ($8.5m) and Allies & Ross Management and Development Corporation ($8.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.0% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $156k (2.1% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $14.3m against liabilities of $8.0m, net assets of $6.3m. It reported 113 employees.