Vincentian Ohio Action Network

Analysis

Vincentian Ohio Action Network is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in April 2018, 8 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 August 2023, Vincentian Ohio Action Network reported income of $957k and spending of $753k, leaving 21% of income unspent that year. Across the 4 years on record, from August 2020 to August 2023, income grew from $207k to $957k (+363%), an average of +67% a year. The sharpest change came in the year to August 2023, when income rose by 229%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vincentian Ohio Action Network sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within OH. Charities of a similar size with the same main cause include Cortland College Childrens Center ($957k), Nourishing Bethesda Inc ($957k) and Thea Bowman Center ($957k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 103% of the total. Compensation of current officers, directors and key employees was $98k (13% of expenses). Other salaries and wages came to $182k. At year end it held assets of $492k against liabilities of $136k, net assets of $357k. It reported 7 employees.