Ohi Hospice Inc

Analysis

Ohi Hospice Inc is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in February 2005, 21 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 December 2023, Ohi Hospice Inc reported income of $1.7m and spending of $1.8m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $603k to $1.7m (+177%), an average of +29% a year. The sharpest change came in the year to December 2020, when income rose by 118%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ohi Hospice Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within OH. Charities of a similar size with the same main cause include Feeding Our Communities with United Services Inc ($1.7m), New Era Ffa ($1.7m) and National Coalition for Homeless Veterans ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.2% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $118k (6.5% of expenses). Other salaries and wages came to $829k. At year end it held assets of $1.2m against liabilities of $348k, net assets of $880k. It reported 21 employees.

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.