O H Residences Inc

Analysis

O H Residences Inc is a registered charity in United States, based in Sycamore, IL. It received its IRS tax-exemption ruling in February 1986, 40 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 June 2024, O H Residences Inc reported income of $262k and spending of $234k, spending 89% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $242k to $262k (+8.5%), an average of +2.1% a year. The sharpest change came in the year to June 2021, when income rose by 67%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, O H Residences Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within IL. Charities of a similar size with the same main cause include Starkey Ranch K8 PTO ($262k), Gateway Youth Football League of Greenwich CT Inc ($262k) and The TLC Foundation for Body Focused Repetitive Behaviors ($262k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $67k. At year end it held assets of $339k against liabilities of $237k, net assets of $103k.