Allen Medical Center Medical Office Building

Analysis

Allen Medical Center Medical Office Building is a registered charity in United States, based in Oberlin, OH. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Allen Medical Center Medical Office Building reported income of $527k and spending of $810k, spending 154% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $125k to $527k (+321%), an average of +43% a year. The sharpest change came in the year to December 2022, when income rose by 109%. Over the whole period it spent 210% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Allen Medical Center Medical Office Building sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within OH. Charities of a similar size with the same main cause include New Directions for Women Foundation ($527k), Down Syndrome Association of Middle Tennessee ($527k) and Womens Life Care Center ($527k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $5.1m against liabilities of $304k, net assets of $4.8m.

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.