Ohiohealth Corporation

Analysis

Ohiohealth Corporation is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in October 1942, 84 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ohiohealth Corporation reported income of $15.1m and spending of $41.1m, spending 272% of what it took in. Across the 5 years on record, from December 2019 to June 2023, income fell from $54.3m to $15.1m (-72%), an average of -27% a year. The sharpest change came in the year to June 2023, when income dropped by 78%. Over the whole period it spent 120% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ohiohealth Corporation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within OH. Charities of a similar size with the same main cause include The Hope Foundation ($15.1m), A G Rhodes Home-Cobb Inc ($15.1m) and Vna Home Health & Hospice Services Inc ($15.0m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 203% of the total. Other salaries and wages came to $14.4m. At year end it held assets of $55.5m against liabilities of $8.2m, net assets of $47.2m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.