Ohio Falls Holiness Association Inc

Analysis

Ohio Falls Holiness Association Inc is a registered charity in United States, based in New Albany, IN. It received its IRS tax-exemption ruling in June 2005, 21 years ago. 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 December 2023, Ohio Falls Holiness Association Inc reported income of $303k and spending of $118k, leaving 61% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $311k to $303k (-2.5%), an average of -0.6% a year. The sharpest change came in the year to December 2021, when income rose by 121%. Over the whole period it spent 51% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ohio Falls Holiness Association Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within IN. Charities of a similar size with the same main cause include Padre Pio Academy ($303k), Portland Media Center ($303k) and Madison Heritage Apartments Inc ($303k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 7.7% of the total. Compensation of current officers, directors and key employees was $39k (33% of expenses). Other salaries and wages came to $12k. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m. It reported 4 employees.