Ozanam Family Shelter Corp

Analysis

Ozanam Family Shelter Corp is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in September 1989, 37 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Ozanam Family Shelter Corp reported income of $634k and spending of $470k, leaving 26% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $353k to $634k (+80%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ozanam Family Shelter Corp sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within IN. Charities of a similar size with the same main cause include Ahepa 113 Inc ($633k), Daat Torah ($634k) and Food Works ($633k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% of the total. Compensation of current officers, directors and key employees was $61k (13% of expenses). Other salaries and wages came to $188k. At year end it held assets of $774k against liabilities of $6,586, net assets of $767k. It reported 19 employees.