Optimal Rhythms Inc

Analysis

Optimal Rhythms Inc is a registered charity in United States, based in Newburgh, IN. It received its IRS tax-exemption ruling in April 2014, 12 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, Optimal Rhythms Inc reported income of $656k and spending of $587k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $169k to $656k (+288%), an average of +40% a year. The sharpest change came in the year to December 2021, when income rose by 86%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Optimal Rhythms Inc sits at the 72nd percentile: it is larger than about 72% 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 Save Lucy Committee Inc ($656k), Lutheran Chaplaincy Service of Greater Cleveland ($656k) and Henry Strong Educational Foundation ($656k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $77k (13% of expenses). Other salaries and wages came to $284k. At year end it held assets of $221k against liabilities of $8,306, net assets of $213k. It reported 14 employees.