Medical Mutual of Ohio Charitable Foundation

Analysis

Medical Mutual of Ohio Charitable Foundation is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in July 1999, 27 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Medical Mutual of Ohio Charitable Foundation reported income of $80k and spending of $146k, spending 182% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $810k to $80k (-90%), an average of -44% a year. The sharpest change came in the year to December 2021, when income rose by 289%. Over the whole period it spent 58% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Medical Mutual of Ohio Charitable Foundation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within OH. Charities of a similar size with the same main cause include Tulare Hospital Foundation ($80k), Be Well Therapy Inc ($80k) and Trinity Church Home Board ($80k).

At year end it held assets of $2.6m against liabilities of $0, net assets of $2.6m.