Compassion Health Toledo

Analysis

Compassion Health Toledo is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, Compassion Health Toledo reported income of $3.0m and spending of $1.8m, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $3.0m (+158%), an average of +27% a year. The sharpest change came in the year to December 2022, when income rose by 174%. Over the whole period it spent 70% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Compassion Health Toledo sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within OH. Charities of a similar size with the same main cause include Institute for Healthcare Advancement ($3.0m), Paoli Memorial Hospital Foundation ($3.0m) and Next Step Foundation Inc ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $6,000 (0.3% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $3.2m against liabilities of $165k, net assets of $3.0m. It reported 33 employees.