Owen Center Inc

Analysis

Owen Center Inc is a registered charity in United States, based in Auburn, AL. It received its IRS tax-exemption ruling in January 2015, 11 years ago. Its declared purposes cover mental health and crisis intervention, 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, Owen Center Inc reported income of $384k and spending of $481k, spending 125% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $322k to $384k (+19%), an average of +6.1% a year. The sharpest change came in the year to December 2021, when income rose by 35%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Owen Center Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within AL. Charities of a similar size with the same main cause include Jack Jablonski Believe in Miracles Foundation ($384k), Care Resources Inc ($384k) and Susan Dew Hoff Memorial Clinic Inc ($384k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $69k (14% of expenses). Other salaries and wages came to $277k. At year end it held assets of $122k against liabilities of $250, net assets of $122k. It reported 11 employees.